LRR consultation response 2
At Budget 2024, the government announced that it would consult on Land Remediation Relief (LRR) in Spring 2025, committing to review its effectiveness and assess whether it continues to achieve its objective of encouraging brownfield land development. We submitted a response to that first consultation which can be found here. Having considered responses, the government concluded that LRR is not fully achieving its objective of incentivising the remediation of derelict and brownfield land. However, they did recognise that LRR provides meaningful benefit to some businesses, particularly those investing in heavily contaminated sites or those with marginal viability.
The government subsequently identified some key areas where LRR could be reformed to more effectively encourage the remediation of brownfield and contaminated land, and issued a consultation to explore the viability and effectiveness of those proposed reforms. Our recent response can be found here.
Author: Ben de Waal