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Tax relief available on asbestos removal work

Did you know that you could claim tax relief on the costs of removing asbestos from business premises? Not only that, you could actually receive a grant of an additional 50% of your costs as well as having the full cost reimbursed. That is, 150% of your costs are paid to you in total.

It’s part of what HMRC refers to as ‘Corporate Intangibles Research and Development’ which applies to ‘land remediation relief’ for work on land in a contaminated state.

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Asbestos deaths – still happening but at a declining rate

Many people believe that asbestos deaths must be a thing of the past, when working conditions were worse than they are now and less was known. Whilst there is some truth in the fact that legislation protects us from asbestos exposure, that does not mean that the problem has gone away.

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Builders – do you know your obligations regarding asbestos?

On a fairly regular basis, we are in conversations with building owners and tradespeople uncertain about the asbestos status of a job that is already underway. In some cases, these have concerning potential consequences. In many cases, they involve breaches of longstanding legal obligations.

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