Land remediation tax credit section (CT600)

This section is used to claim Land Remediation Tax Credit.

Refer to the HMRC Corporation Tax form for Company Tax (CT600) guidance if needed (opens in a new tab).

1. Open the required tax return, then select the Data input tab.

2. If the required section is listed, select it and skip the next step. If not, select Add a new section.

3. On Choose a section to add, under Deductions & reliefs, select Land remediation tax credit tab.

   If the section is crossed through, it has already been added to the tax return. To adjust it the existing values, close the window and select the section on the Data Input tab.

4. Complete as follows, then select Save changes.

   • Enhanced expenditure (from trade) – shows the enhanced expenditure from the Land remediation enhanced expenditure section.

   • Less: Excluded amount – enter any amount that is excluded for tax credits.

   • Qualifying enhanced expenditure (a) – shows the qualifying enhanced expenditure.

   • Land remediation loss for accounting period (b) – enter the losses on land remediation for the accounting period.

   • Amount qualifying for tax credit (lower of a and b) – shows the amount qualifying for tax credit.

   • Land remediation tax credit (@16%) – shows the tax credit calculated.