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CIRD68000 | Land Remediation Relief: Tax Credit: Contents

From HM Revenue & Customs · Corporate Intangibles Research and Development Manual

FA01/SCH22/PARA14 (1)

A company that has a qualifying land remediation loss for an accounting period can make a claim to surrender that loss, or a part of that loss, in return for a payment of land remediation tax credit.

This applies both to a loss arising from cleaning up land in a contaminated state and (for expenditure incurred on or after 1 April 2009) to a loss arising from bringing long term derelict land back into productive use.

The tax credit paid to a company is not the company’s income for any tax purpose (FA01/SCH22/PARA18 and CTA09/S1156).

This section contains the following guidance:

Contents14 entries

  1. CIRD68005Land Remediation Relief: Tax Credit: Qualifying land remediation loss
  2. CIRD68010Land Remediation Relief: Tax Credit: Qualifying land remediation loss - unrelieved losses
  3. CIRD68015Land Remediation Relief: Tax Credit: Qualifying land remediation loss - example
  4. CIRD68020Land Remediation Relief: Tax Credit: restriction of losses carried forward
  5. CIRD68025Land Remediation Relief: Tax Credit: Amount of tax credit
  6. CIRD68030Land Remediation Relief: Tax Credit: Claims
  7. CIRD68035Land Remediation Relief: Tax Credit: Amended claims
  8. CIRD68040Land Remediation Relief: Tax Credit: Set off against corporation tax
  9. CIRD68045Land Remediation Relief: Tax Credit: Arrears of PAYE or NI
  10. CIRD68050Land Remediation Relief: Tax Credit: Interest
  11. CIRD68055Land Remediation Relief: Tax Credit: Enquiries into returns
  12. CIRD68060Land Remediation Relief: Tax Credit: Changes in qualifying land remediation loss
  13. CIRD68065Land Remediation Relief: Tax Credit: Recovery of tax credit
  14. CIRD68070Land Remediation Relief: Tax Credit: Chargeable gains