R&D within Construction
Section Overview – Construction

In the latest HMRC statistics on R&D tax credits, we can see that only 4.3% of all claims made under the SME scheme, were for companies operating in the “Construction” sector.

The average claim value is £50,279.

Research and Development Tax Credits within the Construction industry

The construction industry relies on continual innovation, in order to meet the demands of this ever-changing sector. This can be through the development of a new installation process, or in the creation of brand new building materials. Whether you specialise in public sector housing, commercial or civil engineering projects, the chances are that there will be a degree of scientific or technical uncertainty with your projects.

Eligibility for R&D tax credits centres around the two key areas of either:

Producing new or improved products.

Design and development of a product involving some degree of uncertainty for which the answers were not obvious.

You don’t have to be wearing a white coat and work in a laboratory to be making a scientific or technological improvement. As a result, many people are unaware of just how far reaching the R&D Tax Credits system is.

Examples of technological uncertainties in within the construction industry

Testimonials from our Construction clients

  • Go for it! This is the only grant I’ve succeeded in getting in 40 years trading.

    Paul Elkin, Managing Director, Excel Stairs Ltd.
  • Fiscale provide a useful boost to our cash flow when needed most, ‘when the tax is due’!!

    Colin Pinnegar, Bulmer Brickcutting
  • Fiscale handled our R&D Claim with an air of professionalism which led to a successful conclusion for our R&D Claim with HMRC. We would recommend their services to other companies who wish to apply for an R&D Claim.

    Kevin Werren, Accountant, Whole Building Services WBS Ltd.
  • We have been extremely impressed with the level of knowledge, the professional service and the help and direction provided by Fiscale.

    Carol, Finance Manager, West Drylining & Facades Ltd.
  • Clear concise and well actioned with regards to all work carried out for us.

    Paul Best, Director, Off The Wall Coverings

Sound like familiar challenges? Call Fiscale Today!

Why not contact us today to discuss your business’ R&D tax relief? It only takes our team around 20 minutes to determine if you are eligible or not.