Commentary

D1.510 Form of and entitlement to relief

Corporate tax
Corporate tax | Commentary

D1.510 Form of and entitlement to relief

Corporate tax | Commentary

Land remediation relief

D1.510 Form of and entitlement to relief

Land remediation relief takes two forms, an increased deduction (see D1.511) and a 'land remediation tax credit' (see D1.512, D1.513).

Entitlement to relief

Where qualifying land remediation expenditure (see D1.503) is incurred by a company in respect of land in the UK acquired by the company for the purposes of a trade or UK property business carried on by it, 'land remediation relief' may be claimed for the accounting period in which that expenditure is allowable as a deduction in computing profits of the trade or business, provided conditions A to D are

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