D1.503B What Is Expenditure On Relevant Contaminated/Derelict Land Remediation?

Home / Simons-Taxes /Corporate tax /Part D1 Corporation tax generally /Division D1.5 Contaminated or derelict land remediation expenditure /Qualifying expenditure for land remediation relief / D1.503B What is expenditure on relevant contaminated/derelict land remediation?

Commentary

Corporate tax

Expenditure on relevant contaminated land remediation

To meet the definition of 'qualifying land remediation expenditure', the expenditure must be on relevant contaminated land remediation in relation to land which is in a contaminated state and in which a major interest has been acquired by a company¹. A major interest is broadly either, the freehold or a relevant leasehold for a seven-year period²

'Relevant contaminated land remediation' means activities in relation to which conditions A to C (below) are met and, if there are such activities, relevant preparatory activity.

Condition A is that the activities comprise the doing of any works, the carrying out of any operations, or the taking of any steps in relation to:

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•�� the land (or adjoining or adjacent land), or

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