Consultation on Land Remediation Relief
The government is consulting on the tax relief available for the costs of remediating contaminated or long-term derelict land.
Land Remediation Relief (LRR) is a 150% Corporation Tax relief aimed at incentivising the regeneration of brownfield land and reducing the pressure to develop greenfield sites.
Building more is key to raising everyone’s living standards and boosting economic growth. The government is committed to a brownfield first approach, prioritising the development of previously used land wherever possible.
This consultation seeks to review the effectiveness of LRR and determine whether it is still meeting its objective of boosting development of brownfield land. It also seeks to improve understanding of how robust the relief is against potential abuse.
Ways to respondWhere possible, please use SmartSurvey.
Otherwise, please email your response to Georgie.Williams@hmtreasury.gov.uk, and Emma.Midgley@hmtreasury.gov.uk