Civil Engineering Company – Forward Looking Advisory

Our client is a leading supplier of civil engineering services and is a part of an international group. A specialist in transport and infrastructure, its clients in the UK include large infrastructure projects.

Forward Looking Advisory

R&D tax relief claims focus on the two previous financial periods and so the industry is typically focussed on looking back. At Ayming, we prefer to focus on the provision of forward-looking advisory. Once past claims are completed, we look to future claims and other innovation incentives to provide a holistic approach to our client’s future innovation strategy. By nominating and training R&D champions within a client’s business we’re able to ensure real-time capture of R&D related information, making R&D tax relief claims more robust and comprehensive, while helping identify areas for innovation grants funding from organisations such as Innovate UK and Horizon 2020.

With over 30 years’ experience in innovation incentives across Europe, and since the inception of the UK’s R&D tax relief scheme in 2000, Ayming has analysed thousands of R&D projects, and helped its clients claim over £300m in tax relief.

What we did

Having worked with with this client since 2013 Ayming has developed a strong understanding of the complexities within its business and service provision. As such, a comprehensive, bespoke methodology has been developed, agreed by HMRC, and embedded across the business. This allows for innovation within the actual claims process itself, such as real-time reporting on the identification and collation of R&D projects.

Results

The client aspires to become a market leader in the use of digital technology, and it is this approach to innovation in their business that complements Ayming’s forward looking advisory. The company has claimed R&D tax relief under the RDEC scheme for several years and innovation remains a key pillar of their business.