Contaminated Land Remediation
Where contamination in site soils is shown to constitute a potential risk then remediation will be required. This may be simple or complex depending on the findings of the risk assessment.
Land remediation tax relief is a relief from corporation tax. It provides a deduction of 100% plus an additional deduction of 50% against corporation tax for qualifying expenditure. This can be claimed by commercial property owners, investors and developers. In addition to the actual remedial actions there are various qualifying activities including preparatory activities such as investigation works, regulatory liaison, laboratory costs, employment and labour costs, capital expenditure, sub-contractor costs. We work with partners who can advise on these aspects. Please contact us for more information.