Commentary

D1.501 Scope of regime

Corporate tax
Corporate tax | Commentary

D1.501 Scope of regime

Corporate tax | Commentary

Division D1.5     Contaminated or derelict land remediation expenditure

For updates affecting this Division please see 'Binder 5 updates'

Outline of available relief

D1.501 Scope of regime

Companies (not sole traders or partnerships) that acquire contaminated or derelict land for the purposes of their trade or UK property business can claim an enhanced deduction of 150% for their clean-up costs.

The relief can be claimed by a company electing for capital expenditure incurred on remediation of land acquired for use in its trade or for its UK property business to be given as a 150% revenue deduction in computing the profits of that

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