The construction industry claims £480million a year in R&D tax relief

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What qualifies for R&D tax relief in construction?

Research and development (R&D) tax relief is a government incentive that rewards innovative businesses taking financial risks in projects with uncertain aims. Example projects include:

  • Developing new or improved construction and engineering materials
  • Upgrading existing buildings with new or improved technologies
  • Adapting construction equipment and processes to meet new regulations, such as fire, health and safety, sound, and thermal insulation requirements
  • Designing and deploying new mechanical and electrical systems for buildings
  • Modifying existing building components and fittings to improve their performance or functionality
  • Developing new or improved construction equipment

Find out more about what R&D is here.