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Home / Simons-Taxes /Corporate tax /Part D1 Corporation tax generally /Division D1.5 Contaminated or derelict land remediation expenditure /Types of land remediation relief / D1.511 Land remediation relief—claiming the additional deduction in computing profits
Commentary

D1.511 Land remediation relief—claiming the additional deduction in computing profits

Corporate tax

A company incurring qualifying land remediation relief for an accounting period in which it is carrying on a UK property business or a trade may make a claim for an additional 50% deduction in computing the profits of its business provided certain conditions are met (see D1.510).

The expenditure is treated as incurred when it is recognised in the accounts of the company, as prepared in accordance with generally accepted

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