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
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
22/11/2024
SP Energy Networks has announced a major investment in Britain's electricity grid, selecting 19 preferred partners to deliver a £5.4bn supply chain programme. This significant initiative aims to meet increasing energy demand and facilitate future growth. The selected companies, many of which are ...
22/11/2024
Edinburgh City Council has launched a 12-week public consultation on a new strategy to revitalise Princes Street and the wider Waverley Valley. The vision aims to create a more vibrant and welcoming city centre, attracting investment, supporting businesses, and enhancing the visitor ...
22/11/2024
Ener-G Services Limited, a leading UK electrical engineering company specialising in renewables, marine, and offshore sectors, has expanded its operations in Westhill, Aberdeenshire. The company has leased Unit 6E at Kingshill Commercial Park, a 2,500 sq ft space, on a 5-year lease. This new ...
22/11/2024
A consortium of leading scientists, industry experts, and academic institutions has joined forces to accelerate Scotland's offshore wind sector. The £2.5 million project, led by the University of Edinburgh in collaboration with the University of Dundee and the Forth and Tay Offshore cluster (FTO), ...
22/11/2024
The Port of Aberdeen and Turner & Townsend were highly commended in the 'Engineering, Construction & Infrastructure Project of the Year' category at the APM Project Management Awards 2024. The award recognises excellence in project management and the positive impact on end-users. The £420 million ...
22/11/2024
South Lanarkshire Council's £10 million fire safety improvement programme has reached a significant milestone, with CCG (Scotland) completing installations in over 1,700 high-rise residences across East Kilbride and Cambuslang. The Glasgow-based construction firm has been working closely with the ...
22/11/2024
SSEN Transmission, a key player in the UK's energy transition, is set to further expand its workforce and move into a new, sustainable office space in Glasgow. The company's commitment to net zero and the increasing demand for green energy workers has led to significant growth, with the number of ...
22/11/2024
Scottish Water is investing in the upgrade of its Loch Eck clean water plant in Dunoon. The project involves replacing outdated dry well pumps with new, more reliable pumps capable of operating in both wet and dry conditions. WGM Engineering, an RSK Group company, has been tasked with carrying out ...
22/11/2024
Scottish Land & Estates has expressed serious concerns over the Scottish Government's Land Reform Bill, particularly the provisions that would allow ministers to force landowners to sell large estates in lots. Sarah-Jane Laing, the organisation's chief executive, stated that while the land-based ...
22/11/2024
Clark Contracts employees have once again shown their commitment to community engagement by volunteering at Silverburn Park in Leven. On Thursday, 21st November, 16 members of the team spent their day planting over 400 trees and carrying out other landscaping tasks. This latest volunteering effort ...