SCHEDULE 18 Company tax returns, assessments and related matters
F1Part 9B Claims relating to remediation of contaminated F2or derelict land
Introduction
83G
This Part of this Schedule applies to claims for—
(a)
land remediation tax credits under F3section 1151 of the Corporation Tax Act 2009 (“land remediation tax credits”), and
(b)
life assurance company tax credits under F4section 1164 of that Act (“life assurance company tax credits”).
Claim to be included in company tax return
F583H
(1)
A claim for a land remediation tax credit or a life assurance company tax credit must be made by being included in the claimant company’s company tax return for the accounting period for which the claim is made.
(2)
It may be included in the return originally made or by amendment.
Content of claim
F683I
A claim for a land remediation tax credit or a life assurance company tax credit must specify the amount of the tax credit claimed, which must be an amount quantified at the time the claim is made.
Amendment or withdrawal of claim
F783J
A claim for a land remediation tax credit or a life assurance company tax credit may be amended or withdrawn by the claimant company only by amending its company tax return.
Time limit for claims
F883K
(1)
A claim for a land remediation tax credit or a life assurance company tax credit may be made, amended or withdrawn at any time up to the first anniversary of the filing date for the company tax return of the claimant company for the accounting period for which the claim is made.
(2)
Penalty
F1183L
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