Real Estate

R&D Tax Credit Examples, Hints & Tips To Maximise Value
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Real Estate

Are you developing algorithms or new systems to evaluate market value of properties? Or maybe you’re building a new site with an advancement to your market place? Well it sounds like you’re conducting eligible activity that you can claim back on. 

The R&D Tax Credit incentive is set to award businesses in and alongside the real estate sector, to allow innovation within the process of adapting.

4 Project Examples

Below are project examples that would qualify for R&D tax credits in Real Estate

Counting King Manufacturing Sector Specific R&D

Development

Development of an online marketplace where a bespoke advancement to a sector has been made.

Creation

The creation of an app that allows potential clients to do all of their paperwork as well as payments in one place.

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New technology

Development of bespoke apps for tenants to use for reporting damages and maintenance requests.

Counting King R&D Budget Increase

Student Tech

Development of smart tech within student accommodation.

Costs Which Don't Qualify

Sometimes the parts you may think qualify, don’t. Here are some examples of what doesn’t qualify in Real Estate

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Rent

Rent does not qualify for R&D Tax Credits under any circumstance.

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Prototypes

If your company has developed a prototype but you aim to sell it on to a client, you will no longer be eligible to claim R&D expenditure for that prototype.

Legal actions - Blue

Patent Costs

The cost of applying for a patent 'IP intellectual property' is not able to qualify under R&D Tax Credits.

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Purchasing Land

Purchasing land is another cost which will not qualify for the incentive. So for example, if you purchased land to develop the idea the land will not be allowed to be claim for.

How Much Could You Receive In

Real Estate R&D Tax Credits?

Use our free calculator today and you could have a significant benefit amount within 28 days!

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Download our R&D Tax Relief Information

Find out how simple it is to claim R&D Tax Credits in Real Estate

Start Your Claim With Counting King Today!

Don’t hesitate on starting your claim. The government would like to say well done for your innovate hard work so check if you could be entitled to the money they are offering to support your business. With the Counting King simple process, we will go through if you are eligible and if you are we will go through the process and work out the amount you can claim.  It is a process we are experts in and will take the lead on producing for you.

We have you covered!

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Quick Q&A

In short, yes. The best thing to do is to figure out how much R&D you are doing, you should then be able to assign a proportion of your light, heat, water and power that was used for your R&D and amend your claim accordingly. 

One of the biggest portions of claims for the Research and Development tax incentive is circled around staff costs. Whether that might be people directly involved within the R&D or others who might be indirectly involved.

No, you do not need to create a new product to qualify for R&D Tax Credits. For example, if you tweaked an app and have developed a new bespoke function, this would still be classed as eligible expenditure. 

In 2020, there were only 475 claims processed by HMRC for the real estate sector, but on average you could receive £52,632 for your successful claim based on current statistics.

Where do we start? You can claim for:

  • New, bespoke equipment development
  • Innovating new software
  • A portion of your utilities bill
  • Subcontractors (up to 65%)

Yes! You are able to claim for unsuccessful projects as this falls under the ‘uncertainty’ you faced during the Research and Development you undertook.

Examples of uncertainty for R&D are;

  • Attempting to fix an issue with machinery that does not meet your manufacturing requirements however being unable to resolve the issue
  • Managing environmental factors, decreasing your carbon footprint during  your manufacturing process 
  • If a recipe or cleaning product didn’t work as well as you anticipated and didn’t provide you with what you needed

Find more about R&D in your sector!

Depending on your company size, you may qualify under the RDEC scheme (Research and Development Expenditure Credit) or under SME incentive (Small Medium Enterprises).

Find out more about your eligibility today.

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