Commentary

D1.504 Sub-contracted land remediation

Corporate tax
Corporate tax | Commentary

D1.504 Sub-contracted land remediation

Corporate tax | Commentary

D1.504 Sub-contracted land remediation

'Qualifying expenditure' on sub-contracted land remediation (see (d) in D1.503) is incurred where a company makes a payment (a 'subcontractor payment') to another person (the 'subcontractor') in respect of relevant land remediation (see D1.503B) contracted out by the company to that person1. The special rules on subcontractor payments were amended by FA 2009 to exclude payments to unconnected subcontractors (such payments now falling within the general rules).

However where the company and the subcontractor are connected persons2 the whole of the subcontractor payment (up to the amount of the subcontractor's 'relevant expenditure', see below) qualifies, provided

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial