Land Remediation Relif (LRR) is a little known tax saving scheme.
Any company spending money on REMEDIATING CONTAMINATED land can benefit. E.g. Asbestos, Japanese Knotweed, Pollution etc.
The details can be complicated but companies can receive a tax refund for up to 24% of whatever they spend on the remediation work. This can change a project from being a disaster to a viable scheme.
Please get in touch for details or free discussion. We will work with you to:
- Understand the site and work being carried out
- Confirm eligibility for the relief
- Calculate costs and claimable value
- Prepare the claim document
- File the claim
- Contact hmrc to ensure payment (where any delay beyond 1 month)
- Once refund / credit received by the company we will raise our invoice
Thank you