Land Remediation Relief (LRR): HM Treasury Proposes Major Reforms
In July 2026, HM Treasury issued a consultation paper detailing structural options to reform Land Remediation Relief (LRR). Governed by Part 14 of the Corporation Tax Act 2009, LRR provides an additional 50% deduction for eligible revenue expenditure (150% total) and a 150% deduction for eligible capital expenditure, with loss-making companies able to claim a 16% cash tax […]