2957.This section allows a company to claim a land remediation tax credit if it has a “qualifying land remediation loss”. It is based on paragraphs 14 and 16 of Schedule 22 to FA 2001.
2958.The section clarifies that a company may make part claims (subsection (2)). This is in line with current HMRC policy and is supported by paragraph 17(5)(b) of Schedule 22 to FA 2001.
Commentary on Sections Overview Chapter 3: Land remediation tax credit Section 1151: Entitlement to and payment of tax credit