Construction and Industry

Are you finding innovative solutions to construction challenges? You may be eligible for R&D Tax Credit

Could your business benefit from valuable R&D Tax Relief?

R&D in Construction and Industry The Construction and Industry Sectors have existed for hundreds of years and are still evolving with each passing year. Indeed, based on continuous technological developments (e.g. new materials, new computing tools, new processes, etc.) as well as new requirements (e.g. environmental constraints, market needs, etc.), innovations appear in various areas of those sectors. Hundreds of industrial and construction companies are working on technically challenging projects. Most of those fall under the definition of experimental development and therefore fit the conditions to apply for R&D Tax Relief. Our experience shows that many of them are not aware that the work they are doing can qualify for this support.

Example R&D projects that count as experimental development

Energy Savings: Nowadays reducing energy consumption is a major concern. This has led engineers to find the best mix of technology to minimise the energy needed for the daily run. Depending on the application, such projects may qualify as R&D. Stability calculation of complex forms of buildings or civil engineering work can in some cases be part of an R&D activity. Revamping production lines or making a major improvement in product quality are two examples of projects that are not usually considered to be R&D straight off. Often, solutions for those projects are not found “off the shelf” and have to overcome technical obstacles. As such, those projects could therefore count as R&D.

About Leyton

At Leyton, we use our innovation funding expertise to deliver tax relief claims leveraging as an end-to-end service. We follow up with our clients throughout the entire procedure which means that we provide full project management, starting at initial screening engagement and ending with receiving the benefit. Our tax experts have a wealth of experience working with businesses to help them add value to their business through the R&D incentives tax credit programme. These tax experts will combine both elements – both technical and financial reports – enabling your company to successfully benefit from the tax advantages provided by the government.

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