FA01/SCH22/PARA4 (5)

CTA09/S1146 (4) & CTA09/S1146A (5)

Qualifying land remediation expenditure includes the cost of preparatory activities provided that the company goes on to carry out the remediation.

Preparatory activities are not qualifying land remediation expenditure if the company does not go on to carry out relevant land remediation. This means that the enhanced deduction under Land Remediation Relief is not available. The cost of the preparatory work may be a deduction under the normal rules of computing the profits, see BIM35325.

Preparatory activities are not the same as the type of work sometimes referred to as preliminaries. For guidance on preliminaries see CIRD63270

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.