Tax incentives

At Budget 2007, the UK Government published a consultation document, Tax incentives for development of brownfield land, which concerned the future form of the tax reliefs to assist with the decontamination of land and encourage development of long-term derelict sites. The consultation discussed proposals for reform in five areas. These were:

  • long-term derelict land;
  • improving the development focus of land remediation relief;
  • speed and certainty of land remediation relief;
  • Japanese Knotweed; and
  • the landfill tax exemption for waste from contaminated land.

A summary of responses to the questions asked in each of the five areas covered by the consultation document and the UK Government's response were published in 2007. A consultation on draft legislation took place in 2009.

Page updated: Monday, September 05, 2011