What lies beneath
Language: English Series: Taxation ; 156(4044) 9 February 2006, 476-478(3)Publication details: 2006Subject(s): Summary: Land remediation tax relief is aimed at encouraging many house-builders to move into brownfield regeneration. It was introduced under the Finance Act 2001, s70 and came into effect from May 2001. Since then, approximately £42 million of tax relief has been granted to those claiming the relief, either through their deductions from corporate tax or as payable tax credits. The land remediation tax relief incorporates a wide range of activities. It covers the carrying out of operations in relation to land and any controlled waters that affect that land by preventing them from and the effects of harm or pollution. It also contributes to the restoration of land and water to their former state.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L132754 (Browse shelf(Opens below)) | 1 | Available | 132754-1001 |
Land remediation tax relief is aimed at encouraging many house-builders to move into brownfield regeneration. It was introduced under the Finance Act 2001, s70 and came into effect from May 2001. Since then, approximately £42 million of tax relief has been granted to those claiming the relief, either through their deductions from corporate tax or as payable tax credits. The land remediation tax relief incorporates a wide range of activities. It covers the carrying out of operations in relation to land and any controlled waters that affect that land by preventing them from and the effects of harm or pollution. It also contributes to the restoration of land and water to their former state.