If you are a limited scaffolding business registered in the UK, there is a strong chance you could be eligible for Research & Developments (R&D) Tax Credits.
To put it simply, R&D is solving uncertainty & overcoming challenges in the workplace, which is something scaffolding firms do every day.
R&D Tax Credits allows you to claim a percentage of money back from HMRC. This is calculated by figuring out how much time you have spent on your more challenging projects over your last two financial years. We are able to claim back a percentage of your PAYE Salaries, Sub-Contracting Costs, Consumables and materials.
Examples of claimable projects within Scaffolding:
• Working on bridges, railways or tunnels
• Working on historic or commercial Properties
• Overcoming issues/facing challenges
• Making improvements to techniques
• Working on one-off or unique projects
• Enhancing safety
• Testing and prototyping
• Project overburn
• Developing safer methods and practices
An R&D Tax Claim requires a technical report, this is the narrative that explains why a business is entitled to the relief.
To build a robust R&D Tax Claim, it is essential that the person writing it fully understands the technicalities of the business’s projects.
This is why Harmoney Consulting hires Chartered Engineers to work alongside the Chartered Accountants to deliver for every single client.
We don't stop there
Our Associates - the people who are responsible for engaging with our clients, aren't just salespeople reading from a sheet. These are guys with site experience and knowledge. They understand the difficulties you face on-site and the complexities of your projects.
Speak to our Commercial Director to find out if you could be eligible to claim – ben.henbest@harmoneyconsulting.co.uk
harmoneyconsulting.co.uk
Construction News
05/08/2021
Scaffolding Week - Harmoney Consulting


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