{"id":133006,"date":"2023-10-02T07:46:35","date_gmt":"2023-10-02T06:46:35","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=133006"},"modified":"2023-10-27T15:34:09","modified_gmt":"2023-10-27T14:34:09","slug":"counting-king-land-remediation-relief","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/counting-king-land-remediation-relief\/133006\/","title":{"rendered":"Counting King: Are you eligible to claim land remediation relief?"},"content":{"rendered":"

In this article, Counting King<\/a> explores the process of claiming land remediation relief for investors, developers, and commercial property owners<\/h2>\n

Land remediation relief<\/a> allows investors, developers, and commercial property owners to claim tax relief<\/a> of 150% on their corporation tax for expenditures associated with the clean-up of contaminated areas such as buildings and land.<\/p>\n

These reliefs are aimed at motivating companies engaged in activities that involve cleaning up and restoring environmentally compromised sites by either reducing their tax liability or potentially offering cash refunds.<\/p>\n

Are you involved in land remediation projects in the UK?<\/h3>\n

To claim land remediation relief, your project must involve the remediation of contaminated or derelict land.<\/p>\n

The contaminated land should pose a risk to people, harm the environment, or hinder economic development. It’s crucial to consult with a Counting King specialist to assess whether your project meets the eligibility criteria.<\/p>\n

Gather documentation and calculate expenditure<\/h3>\n

As with any tax claim, documentation is key. Counting King will gather evidence of the contaminated land, such as surveys, reports, and assessments, that demonstrate the nature and extent of the contamination.<\/p>\n

Additionally, Counting King will keep records of all costs incurred during the remediation process to support your claim.<\/p>\n

The next step to your land remediation claim is to calculate the qualifying expenditure.<\/p>\n

This includes costs directly associated with:<\/p>\n