Construction is the bedrock of our economy and society. Its impact on communities across the UK is enormous, and no other sector has the same potential to generate high numbers of high-skilled, well-paid jobs.
The sector leaves its fingerprint across the country and touches each of our lives. It’s fundamental to the economy as we look to the future: building new homes to live in, new schools for our children, new hospitals, offices, factories, and of course, the transport and energy infrastructure that keep the country running.
Construction is a diverse industry and covers a wide range of distinct subsectors ranging from mining, quarrying and forestry to infrastructure and buildings, the manufacture and supply of building products, as well as building maintenance, operation and disposal.
It is a high-cost, high-risk, long-term sector, so its performance is a good indicator of the broader economy’s health. When the economy falters, construction investment grinds to a halt, and the sector is an early indicator of economic recovery.
Ayming Construction & Engineering
R&D Tax Relief
Driving innovation in the Construction sector
Construction and Civil Engineering firms face mounting financial pressures from razor-thin margins to raw material cost increases. An ageing working population and significant skills shortages mean companies must operate differently to achieve their goals. New ways of working often lead to R&D. Ayming is the leading R&D Tax specialist in the Construction industry. We work with five of the top ten main contractors and over a third of the Construction Index Top 100. Ayming manages 54% of all qualifying R&D expenditure within the construction sector.
We have experts who will work with your team at all levels to support you throughout the process. From Finance & Tax teams to Operational units, we ensure everyone understands their role.
Ayming has market-leading experience in the Construction & Engineering sector; From architecture and advanced manufacturing to aeronautical and civil engineering, our experts can quickly identify areas of qualifying expenditure and speak on a peer-to-peer basis with your team, ensuring no wasted time.
Learn more about R&D in Construction
“Innovation is a core element of the successful delivery of projects to our clients, and much of this innovation is enabled by research and development. Utilising the R&D incentive scheme and reinvesting the benefit it brings only helps enhance our innovation and the solutions that WSP brings to its clients.”
Miles Barnard, Chief Financial Officer, WSP
Who do we work with?