The R&D Tax Credit
The Research and Development (R&D) Tax Credit is a government-sponsored tax incentive offered to companies who create or improve a product or process in the course of their business.
R&D Tax Credit for Construction
Building strong foundations through innovation!
Research & Development in the Construction industry
The US construction industry is a leading innovator within the global marketplace, which has been achieved by leveraging an extremely knowledgeable and competent workforce. An increased use of advanced technology such as augmented reality (AR), virtual reality (VR), robotics, and cloud-based collaborations on construction projects have greatly enhanced the innovation landscape in this sector.
Essentially, R&D in construction occurs organically when problem solving techniques are implemented to resolve day-to-day obstacles. R&D can take place during different phases of a project, including initiation, design conceptualization, development of techniques and launch, making construction companies ideal candidates for the Research & Development (R&D) Tax Credit.
Examples of R&D activity in Construction
- Custom decommissioning solutions for the nuclear industry
- Development of construction solutions or processes that reduce construction time on site
- Development of new materials or techniques to meet the requirements of the construction project
- Appreciable enhancements to an existing piling solution so that it can be applied to a unique and demanding geology
- Appreciable enhancements to the BIM environment to improve capabilities and work flow
- Use of new materials or process for a project never before attempted due to technological risks
- Development of innovative means and methods for construction
- Designing and implementing alternative structural or MEP systems
How we can help
Many construction companies are unaware that their day-to-day operations could qualify for the lucrative Research & Development (R&D) Tax Credit. The credit offsets a company’s payroll and/or income tax liability on a dollar-for-dollar basis, allowing construction businesses to recoup some of their R&D spending.
Leyton’s tax and technical experts are motivated to help companies in this sector robustly claim the R&D Tax Credit. Our dedicated construction team is comprised of highly experienced structural engineers, scientists, tax accountants, and attorneys, all of whom are motivated to deliver maximum financial benefits to our construction clients.
Let’s find out if your business qualifies for the R&D Tax Credit!
Congratulations!
Meet our Construction team leaders
Brigid Lenihan
R&D Tax Manager
Ignacio Cetrangolo
R&D Technical Consultant
Jennifer Bolton
Senior Tax Manager
Meet our Construction team leaders
Brigid Lenihan
R&D Tax Manager
Ignacio Cetrangolo
R&D Technical Consultant
Jennifer Bolton
Senior Tax Manager
Explore insights
Explore insights
Why choose Leyton?
Allow our experience to unleash your potential!
+
60
Industries Served
+
20
Years of Experience
+
100
R&D Tax Credit Experts
Why choose Leyton?
Allow our experience to unleash your potential!
+
60
Industries Served
+
20
Years of Experience
+
100
R&D Tax Credit Experts