Commentary

D1.503 Qualifying land remediation expenditure

Corporate tax
Corporate tax | Commentary

D1.503 Qualifying land remediation expenditure

Corporate tax | Commentary

D1.503 Qualifying land remediation expenditure

'Qualifying land remediation expenditure' is expenditure that meets the following conditions1:

  1.  

    •     it must be on land all or part of which is in a 'contaminated state' or a 'derelict state' (see D1.503A),

  2.  

    •     it must be expenditure which would not have been incurred had the land not been in a contaminated state or derelict state. Any increase in expenditure on the land by reason only of the land being in a contaminated or derelict state is treated as satisfying this condition, as is expenditure on works done, operations carried out or steps taken mainly

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