This is where the company provides details of qualifying expenditure incurred on remedying contaminated land, and to claim an enhanced deduction for that expenditure
Land Remediation data entry
To make the claim enter the
- Description If there are multiple entries required to be made in this screen then the description of the expenditure on each line should be unique.
- Type of Expenditure There is a drop down menu to show if the Expenditure has been shown as either Revenue or Capital
- Date of Expenditure The date of expenditure should be within the Accounting Period
- Amount Enter the amount of the expenditure on which you wish to make a claim
The software will automatically calculate the additional deduction for the expenditure and the total enhanced expenditure.
Notes can be added to this window. All notes will appear as an appendix to the Corporate Tax computation. Click the click to add notes link at the foot of the data entry area.