CIRD68070 - Land Remediation Relief: Tax Credit: Chargeable gains

FA01/SCH22/PARA19

CTA09/S1157

Where land remediation tax credit is paid, the qualifying land remediation expenditure related to the qualifying land remediation loss surrendered to HMRC is treated as not being an allowable deduction for in computing chargeable gains or allowable losses for corporation tax purposes (TCGA92/S39).