Land remediation relief
Overview
The
Land remediation relief
sheet has been designed to report and calculate the land remediation relief that applies to contaminated land acquired in the UK, upon which qualifying remediation expenditure is incurred.You can use this sheet to enter qualifying expenditure regarding land remediation and then calculate the amount of relief available for each type of business. This sheet is a unique optional sheet and has no standard supporting sheets.
Completing the Sheets
Where you have identified revenue amounts that qualify for
Land remediation relief
within the Income statement
, you should analyse these from the Expense and income analysis
or Management expense analysis
sheet in which they arose. Select Land remediation relief
from the Analysed as
dropdown list on the row, and develop the Land remediation relief
sheet by selecting Insert sheet
from the Insert
menu. An error will show until the has sheet been developed.Where you have identified amounts of capital expenditure that qualify for land remediation relief, allocate the expense to the
Land remediation relief
column on the Additions analysis
sheet. If you haven’t already developed the Land remediation relief
sheet you should then do so by selecting Insert Sheet
from the Insert
menu.You can add multiple rows to the
Land remediation relief
sheet to analyse the expenditure as required. If the computation has multiple businesses, a dropdown will enable you to choose the type of business to which this expenditure applies. The Business analysis
section will then break down qualifying expenditure per type of business.note
Columns are automatically inserted for each Accounting period in your calculation.