Brownfield Tax Breaks
For years the Construction, Property and Waste Industries have benefited from the ability to clean up contaminated sites relatively cheaply, through “dig and dump” – by simply excavating the contaminated material and dumping it in the nearest landfill, free from landfill tax.
However that’s now seen as offending against modern “green” principles, and the relevant tax break is being phased out soon.
This Briefing focuses on how the respective industries can make the most of tax reliefs for cleaning up contaminated land and dealing with the wastes arising from it.
For further information please contact: VINCENT BROWN
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