Consultation on Reforming Land Remediation Relief
The government is consultation on potential reforms to make Land Remediation Relief more accessible, better targeted, and more closely aligned with the practical realities of brownfield development.
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.
Following a previous consultation to review its effectiveness and robustness, the government is today publishing a second consultation on potential options to reform Land Remediation Relief. The consultation seeks views on changes to the timing of the relief, aligning eligible contamination expenses with planning processes, and how to define and provide relief for long-term derelict land.