{"id":11190,"date":"2020-10-23T10:26:44","date_gmt":"2020-10-23T10:26:44","guid":{"rendered":"https:\/\/designbuybuild.co.uk\/?p=11190"},"modified":"2020-10-23T10:26:44","modified_gmt":"2020-10-23T10:26:44","slug":"land-remediation-tax-relief","status":"publish","type":"post","link":"https:\/\/designbuybuild.co.uk\/land-remediation-tax-relief\/","title":{"rendered":"Land Remediation Tax Relief"},"content":{"rendered":"

Land Remediation is a tax relief available to property investors who are undertaking remediation of contaminated land.<\/p>\n

What is it?<\/strong><\/p>\n

Land Remediation Tax Relief is a form of tax relief that helps compensate companies for the costs involved in cleaning up land or buildings for commercial use. This includes the removal of contaminants (both artificial and natural), the removal of asbestos, radon gas and the removal and treatment of impediments, such as existing foundations, services or other underground infrastructure. <\/strong><\/p>\n

Who qualifies?<\/strong><\/p>\n

To qualify for Land Remediation Tax Relief, your company must have incurred costs on cleaning up land or buildings considered to be in a contaminated state. The scope of costs allowed is generous and competitive.<\/p>\n

You must be registered as a limited company in the UK and be the owner of the land or building at the time of the remediation work. In addition, the land or building must be owned either as a freehold or leasehold with at least a seven-year term.<\/p>\n

Common examples of qualifying contamination and remedial measures include:<\/p>\n