Land remediation relief - Queen's Lane Consultants

About land remediation relief

Land remediation relief is designed to give developers and investors an incentive to redevelop and clean up contaminated land. It is available as a refund or credit on corporation tax, with the ability to claim back up on work done in the last three years.

For every £1 of qualifying expenditure identified, £0.24p can be reclaimed as cash or tax offset. Last year 1,600 companies claimed, with an average value of £25,000 per claim.

If you have carried out some of the work listed below, then you may well be eligible:

Removal structures or substances that were at risk of causing harm to humans, animals, or the environment
Installation of concrete barriers or specialist membranes to prevent contaminants seeping up from the ground into the development or getting into groundwater
Removal of harmful contaminants such as asbestos or Japanese Knotweed
Redevelopment derelict of derelict or brownfield sites