Publisher: |
HMSO
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Publisher City: |
St Clements House, 2-16 Colegate, Norwich, NR3 1BQ. UK
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Short description: |
EXTRACT:
At Budget 2007 the Government published a consultation document entitled
“Tax incentives for development of brownfield land”. This consultation concerned the
future form of the tax reliefs to assist with the decontamination of land and to
encourage development of long-term derelict sites. The consultation discussed
proposals for reform in five areas:
• long-term derelict land;
• improving the development focus of land remediation relief;
• speed and certainty of land remediation relief;
• Japanese Knotweed; and
• the landfill tax exemption for waste from contaminated land.
The consultation closed on 14 June and fifty-two responses were received. A list
of respondents is set out in an annex to this document. This document provides a
summary of responses to each of the questions asked within each of the five areas
covered by the consultation document. We are currently examining all the responses
and having further discussions with key stakeholders to explore some of the issues
arising out of the responses, as well as seeking further empirical evidence.
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