R&D Tax Relief - Construction Sector

Government makes millions available to the construction
industry with tax rebates! Recoup explore the opportunities
you could be taking advantage of!

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For those working within the

construction industry, you will know that this is a challenging sector that often requires innovative solutions. As R&D activities go hand in hand with innovation, there is a clear link between R&D and construction.

R&D tax credits for the construction industry are a great way to mitigate any losses when undertaking innovative and inventive solutions. There are a range of construction projects that can qualify for R&D tax credit claims, with the most common ones being; working with new or improved materials and new processes and techniques.

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For companies within property and construction, the R&D opportunity is compelling given the range of problems which will be inherent on every product/site and the solutions required to overcome these. Generally speaking, identifying technical challenges or scenarios where the outcome was uncertain, meaning your team had to plan, brainstorm or implement technical solutions is the baseline R&D activity.

In many cases there will be scenarios where the industry standard approach just isn’t achievable, meaning processes, services, products, materials or devices have been adapted to deliver the project (successfully or not). It’s literally worth thousands to your business.

Construction projects that may qualify for
R&D tax relief include:

  • Groundwork and substructual issues;

  • Environmental issues;

  • Parking and transport issues;

  • Energy efficiency of homes, how this was achieved;

  • Planning conditions imposed by local authorities and how these were overcome;

  • Any modular build element;

  • Making properties disabled-friendly;

  • How space was maximised in a project;

  • Any issues with services on site; or,

  • Any conservation/listed building issues

Construction businesses could be missing out on £84,000 per year in corporation tax relief! 

There’s a good chance you’re missing out on a huge chunk of cash that could be used to improve your business. Over £84,000 per year is claimed by eligible UK companies!

Find out if you qualify for a cash rebate today and see how much money you could be getting back. It only takes a minute to see if you qualify and the process is completely free.