R&D Tax Credits for the Construction Sector

When we think about construction, we tend to think in terms of design and aesthetic outcomes rather than the engineering advances. But it is those head-scratching moments that are needed for those buildings to be realised that come from R&D.

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Average claim value

What qualifies as R&D in the Construction sector?

We see qualifying R&D activity in the innovative use of green or sustainable methods. R&D often leads to an improvement in existing construction techniques to solve site specific or environmental issues or developing new products such as lighter weight, stronger, resilient or easier-to -process building materials.

This sector includes the following types of business.

  • Residential construction
  • Commercial construction
  • Civil engineering

Yes, construction companies can claim under either scheme depending on their size and other deciding factors. Of the R&D tax relief claims made in 2018-19 so far, 91% of them were under the SME scheme equating to 74% of the value claimed.