For many businesses, dealing with contaminated or derelict land or buildings can yield significant benefits, however, transforming these plots can result in significant financial demands. That's where Land Remediation Relief (LRR) comes in. LRR provides an essential financial relief to support businesses undertaking land remediation projects such as the removal of asbestos or Japanese Knotweed.
and Remediation Relief (LRR) is a tax incentive designed to encourage businesses to clean up contaminated land, reduce the threats that contaminated land may pose for the health of humans and the environment, and bring that land back into productive use. If your business is taking on the task of remediating land, you could be eligible for this relief, which can significantly reduce corporation tax expenditure of up to 150%.
Every land remediation project is unique, with its own set of challenges and opportunities. The team at Think Cloud takes the time to understand your business, your industry and your specific projects. This in-depth understanding allows us to tailor our services to your needs, ensuring the maximum possible claim for your land remediation activity.
