LAND REMEDIATION RELIEF
Claim Up To 150% Tax Relief On Clean up costs Of Contaminated Land
Restore Land, Reclaim Relief Unlock Savings with Land Remediation Relief
Tax Deduction
Land Remediation Relief is an enhanced deduction of corporation tax (up to 150%) which was established to encourage the redevelopment of derelict properties and brownfield sites known to have great developmental potential.
We at TCM Capital are well-versed in this tax benefit, which can be lucrative for smaller property developers and investors. This qualifying expenditure is often an overlooked tax benefit or is miscalculated due to the confusion surrounding the conditions stated within the legislation. We can help.
How It Works
LRR can be taken when a business offsets its qualifying land remediation expenditure against its taxable profits, or by surrendering the losses in exchange for a land remediation tax credit.
National expertise
As well as tax specialists, our Capital Allowances team contains individuals with backgrounds in engineering, science, software and more, meaning you get the weight of decades worth of experience behind your submission. Leading that team are
Sheraz Ghrew (LLB (Hons), MBA, AFA, ATA)
Head of Capital Allowances
Sheraz brings a wealth of experience from the incentives industry, having spent the majority of his career working with the Big 4 firms. He is a specialist in Capital Allowances tax.