Land Remediation Relief

Our specialised service is designed to help businesses claim the entitlement they deserve when it comes to cleaning up contaminated land or buildings. Land Remediation Relief offers a unique opportunity for businesses to claim up to a generous 150% corporation tax relief on the costs incurred during the decontamination of contaminated land or buildings. This means that for every qualifying expenditure, you can enjoy a deduction of 100% and an additional 50% against your corporation tax.

Who Can Claim Land Remediation Relief?

If you are a commercial property owner, investor or developer who has acquired land or buildings from a third party, you could be eligible to claim the tax relief on qualifying expenditures related to decontamination. At Complete Capital Allowance, we are committed to helping businesses like yours navigate the complexities and make the most of this valuable relief.

Qualifying Activities

Land Remediation relief is applicable to a range of decontamination measures on both land and buildings. These activities include:

Removal of contaminated soil and water.
Treatment of harmful organisms.
Removal of natural contaminants such as radon and arsenic.
Removal of buried structures.
Removal and treatment of invasive plants like Japanese Knotweed.
Removal of asbestos from buildings, post-tensioned concrete., building and machinery foundations, below ground redundant services, and reinforced concrete basements.

Conditions for Claiming

To qualify for Land Remediation Relief, certain conditions must be met:

Contamination

The land must be contaminated according to the government’s definition, causing harm or having the potential to cause harm to groundwater, streams, rivers or coastal waters.

Location

The land must be located in the UK.

Acquisition

The land must have been acquired by your business for the purpose of its trade or business.

Costings

The cost of remediation would not have been incurred if the land was not contaminated.

Qualifying Expenditure

Various expenses related to decontamination are covered by the relief, including:

Preparatory activities, such as consultancy fees, risk assessments, lab costs, and regulatory liaison costs.

Capital expenditure, including the cost of plant and machinery.

Employment and labour costs.

Sub-contractor costs.

Exclusions and Time Constraints

However, there are a few exclusions to keep in mind. The relief does not apply if the contamination was caused by the claiming company itself. If the decontamination expenditure is subsidised, for example through grant funding, it will not be eligible for relief. Also, if the acquisition cost of the land was discounted due to contamination, the relief may not be available.

For retrospective claims, businesses have a time limit of up to 3 years to apply for Land Remediation Relief. Don’t miss out on the opportunity to recover eligible expenses from the past, get in touch with Complete today!

We're here to help you

We have a comprehensive list of frequently asked questions which will answer any questions you may have about capital allowance. If you would like to speak to one of our team please contact us using the WhatsApp button at the bottom of the screen.