CIRD60085 | Land Remediation Relief: Capital expenditure: Capital Allowances

FA01/SCH22/PARA1 (4b)

CTA09/S1147 (8)

A company cannot make an election to treat capital expenditure as qualifying expenditure for Land Remediation Relief if it could claim under any of the enactments relating to capital allowances.

This includes expenditure qualifying under Capital Allowances Act 2001 for:

• Plant & Machinery Allowances

• Industrial Buildings Allowances

• Agricultural Buildings Allowances

• Business Premises Renovation Allowances

• Flat Conversion Allowances

• Mineral Extraction Allowances

• Research & Development Allowances

• Dredging Allowances

Further guidance on what qualifies for capital allowances can be found in the Capital Allowance Manual.