Dont Miss Out on R&D Tax Credits for your Land Remediation Project 2018-01-03T10:55:48+00:00
Eligible for R&D tax

Your Business Could Save Money with R&D Tax Credits

Land remediation companies often dismiss their allowance to claim R&D tax relief and tax credits. This is usually due to the perceived complexity when combining the land remediation with the tax R&D relief tax rules. But things are actually a lot simpler…

The R&D tax legislation allows land remediation companies to obtain tax relief by virtue of the company’s activities, regardless of the ownership of the land.

Obtaining R&D Tax Credits for Land Remediation Projects

To obtain R&D Tax Credits the company must merely be seeking to develop a remediation process, by utilising science and technological understandings.

Our experience shows that a company engaged in land remediation usually results in a claim being made on at least 70% of its activity as a whole. This applies even though the company is usually engaged to remediate the land.

Very few sites obtain the same variables and obstacles, overcoming these can lead to a R&D tax relief claim. A few R&D remedial options include:

  • Monitored Natural Recovery
  • In situ Capping
  • Sediment treatment
  • Soil remediation
  • Ex-situ chemical soil remediation
  • In-situ groundwater remediation
  • In-situ chemical oxidation for treatment of groundwater

How Could R&D Tax Relief Save you Money

Once it is identified that R&D is arising, then an expert R&D tax company seek further details to maximise the costs associated with the claim. Costs such as:

  • Staff, including NIC and pension contributions.
  • Subcontractors, providing specialist services to assist the R&D project.
  • Software licences, where software is used to assist the R&D design and testing.
  • Materials, this can be materials used in prototyping, testing, or those which are contaminated so only capable of use on the R&D project.   E.g. Testing and monitoring equipment, materials used for in situ remediation.

On average 26% of the qualifying costs can be claimed back as R&D tax relief from the HMRC.

Start Your R&D Tax Claim Today

If any of the above are sounding familiar we urge you to contact our partner R&D Tax Solutions Ltd in Manchester today on 0161 298 1010 as their experts will be able to explain to you in plain English if your land remediation activities qualify for R&D tax credits. They will save you time and guard you from costly mistakes of incorrectly submitted R&D claims.

Average R&D tax claim is £56,000

Ask us to review your R&D tax relief claim on your behalf. With our unique fee strcuture you don't pay us a penny until your R&D claim succeeds and provides a benefit to your business!

Start A Claim With Us

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Working with R&D Tax Solutions enables your service offering to be extended without jeopardising client service or quality. We are the trusted tax partner for a variety of businesses. Our team enables the partnerships to flourish with clear transparency of services provided and benefits obtained. Whether you are a boutique consultancy with a select few clients, or an accounting practice with a wide variety of clients our team will give you the peace of mind that your clients interests are our priority.

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0161 298 1010