Land Remediation Relief (LRR) is a valuable incentive for businesses in the UK, aimed at revitalising brownfield sites. This relief supports companies undertaking the costly process of bringing contaminated or derelict land back into productive use.
Eligible businesses can benefit significantly from LRR, which offers up to 150% tax relief on qualifying expenditures. This includes costs associated with removing contaminants like asbestos, radon, and Japanese knotweed, or dealing with long-term derelict land issues.
As your accounting partners, we provide expert guidance in navigating the complexities of LRR. We assist in identifying qualifying expenditures, ensuring compliance with HMRC requirements, and maximising your tax benefits. Our goal is to support your project’s financial health and contribute to sustainable land development in the UK.
Gain deeper insights into LRR and how it can benefit your business. Our comprehensive leaflet covers all the essential information, helping you make informed decisions.
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