London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Change of view on Land Remediation Relief (LRR)

HMRC has announced revised guidance on Land Remediation Relief (Brief 62/2008 - http://www.hmrc.gov.uk/briefs/company-tax/brief6208.htm).

The new guidance states:

             “A substance means any natural or artificial substance, whether in solid or liquid form or in the form of a gas or vapour. Previously, we have taken the view that the term “substance” could not include a life-form. We now accept that a plant can be a substance for the purposes of Land Remediation Relief.”

A specific section will be included on Japanese Knotweed.

 

 

Date: 10th February, 2009
Author: Cathy Corns

SHARE THIS

Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.

Tweet

Mercer & Hole’s @GudgionJa progress in @CelebJustDance - Not much longer to Waite now….. bit.ly/2gqZOZq @MKDonsSET

Mercer & Hole’s Michael Lapham impresses at the @MoneyMgmtMag Financial Planner Awards bit.ly/2yw3Ieetwitter.com/i/web/status/9…

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn