R&D TAX REFLIEF

Construction

The Construction sector continues to demonstrate innovation through a number of ways. From restoring historical buildings through to the advancement in the business skyline. With most construction firms now undertaking challenging projects a number of their activities are eligible for R&D Tax Relief.

Let The Numbers Speak

Average Claim
£ 0 k
Claims Processed
0 +
Claimed
£ 0 m+

There are a number of associated costs to consider when looking at an Construction R&D Tax submission:

What Qualifies?

Staff Costs

Subcontractors

EPWs

Consumables

Heat, Light & Power

Software Costs

Example Activities

Reducing project time through innovative methods

Development of unique solutions to overcome challenges

Developing, trialing or testing with new materials

Reworking existing components & fittings into projects

Developing new or improved equipment

Developing processes to install energy saving techniques

Restoration work on heritage buildings to restore original structures

Development of strengthening solutions for aged buildings being repurposed

Development of environmentally friendly methods or sustainable technology

Development of sophisticated systems to meet health & safety requirements

Utilisation of novel materials to yield building performance improvements

Designing & installing new mechanical and electrical systems into a building

CASE STUDY

Construction Client

Innovative Partners engaged with a Construction company based in London. The client was aware of the R&D Tax Relief scheme from contractors they had previously worked with but their accountant didn’t feel their projects were eligible, so they hadn’t submitted before.

On our first conversation it was clear to our expert team that the client had undertaken complex projects that required significant investent as well as development time. On project was a Grade 2 listed property, which meant that many standard construction techniques couldn’t be applied. The goal of the project was to restore some of the historic features of the building whilst also implementing modern services/technology.

The client had to develop new processes using alternative construction materials and methods, as the part of the building was to be transformed into office space so it couldn’t impact on the structural or acoustic performance. With the logistical challenge of getting materials and tools onto the site, the client also had to develop a design that used light weight materials.