Environmental reliefs

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In some cases there is relief from the standard rate of tax.

Land remediation relief

Land remediation relief (LRR) is a relief from corporation tax for expenditure on remediating contaminated land or bringing derelict land back into use. The relief was under threat of being discontinued after 2012. However, in the 2012 budget, the government confirmed that the relief would continue.

As buildings are also treated as land, this relief is also available for the remediation of contaminated buildings. The relief is given at the rate of 150% for qualifying land remediation expenditure of a capital nature and an additional 50% for qualifying land remediation

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Latest Tax News

Tax weekly highlights—4 September 2025

This week's edition of Tax weekly highlights includes: (1) 26 November 2025 announced as Budget date, (2) News Analysis articles published on FTT decisions in Lexgreen Services and Tinkler, and (3) new HMRC guidance published on reserved investor fund notifications.

Preliminary decision of FTT finds closure notices had wide scope allowing HMRC to raise alternative arguments in the substantive litigation (Tinkler v HMRC)

Tax analysis: In Tinkler v HMRC, the First-tier Tax Tribunal (FTT) in a preliminary decision considered the taxpayer’s application for it to decide that HMRC was prevented by the scope of its closure notices from raising two alternative arguments in the appeal. The FTT decided in favour of HMRC in relation to both arguments.

FTT considers the meaning of life (Lexgreen Services Ltd v HMRC)

Tax analysis: In Lexgreen Services Ltd v HMRC, the First-tier Tax Tribunal (FTT) held that a company can be liable for inheritance tax under section 201(1)(d) of the Inheritance Tax Act 1984 (IHTA 1984) if that company is a ‘live company’ at the time of the relevant transfer.

Tax weekly highlights—28 August 2025

This week's edition of Tax weekly highlights includes: (1) Agent Update: Issue 134 and (2) News Analysis on the FTT’s decision in John Jones Civil Engineering & Groundworks Ltd v HMRC.

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