Newsline from Build UK

Build UK Partners with RIFT Research and Development Tax Credits

30 March 2017

Build UK Partners with RIFT Research and Development Tax Credits

The UK’s leading tax experts RIFT Research and Development Tax Credits is offering a 5% discount on claims made by Build UK members.

Build UK partner RIFT Research and Development Tax Credits helps thousands of UK construction companies claim tax relief on money spent developing innovative products, services and processes. RIFT specialises in providing guidance throughout the claim process, helping companies to identify the projects that qualify for R&D tax relief, gather supporting documentation and submit claims to HMRC.

Construction is a progressive industry that continues to embrace innovation and new technologies, meaning that R&D Tax Credits are increasingly important. The average R&D tax credit claim for small and medium-sized construction companies comes to £40,000, equating to 26% of qualifying costs going back into the business. Despite the huge value in making a claim, many eligible firms do not claim the tax relief that they qualify for and miss out on making the most of their innovative products and services.

Together with Build UK, RIFT is promoting the value in R&D Tax Credits and bringing it to the forefront of industry thinking, planning and practice, and is offering a 5% discount in their fee for all clients who are referred via Build UK.

For more information on making an R&D Tax Credits claim and a free consultation, visit the RIFT website or call 01233 653 008.