- Project plans
- Project activities
- Legislation and standards
- Industry context
- Specialist wikis
Last edited 10 Dec 2020
Research and development tax relief
It is designed to provide support to companies who invest in research and development (R&D), to help bring new products to market, to develop new processes, or to improve existing products or processes.
To qualify for the SME Scheme the following criteria need to be met:
- The company (and its associated companies, subsidiaries, parent, JV) should employ less than 500 people and the company's (and its associated companies) should have a combined balance sheet less than €86m or a combined turnover less than €100m.
- The company must be performing the R&D for its own benefit and not be paid by someone else to perform the R&D for them.
- The company must not be in receipt of some other form of EU Notifiable State Aid associated with the project. EU Notifiable State Aid includes funding from some Local Government Organisations, the Technology Strategy Board, and the Manufacturing Advisory Service.
In September 2020, HM Revenue & Customs reported that £175m was paid to UK construction firms in research and development tax credits in the previous year,a significant increase on the £90m paid the year before.
 Related articles on Designing Buildings Wiki
Featured articles and news
As energy prices jump up in cost.
With people in the UK from Ukraine.
Industry leader Steve Murray takes on role.
An abundant and versatile building material.
600,000 heat pump installations targeted per year by 2028.
Helping prevent those unwanted outcomes.
How has transport changed due to Covid-19 ?
Will you need it ? after June 15 and the new Part O ?
Create an account and write the first of many articles.
CIAT commentary after the first meeting.
Who is to blame?
Research recommends focussing on portfolio success rather than project success.
The revised standard for mapping underground utilities.
Cross-industry steering group seeks support in delivery.