Engineering

Business Expenditure on R&D

  • 2017-2018
  • 2015-2016

Current Insight

“The reality is many companies feel as if they need to be the next Google and develop cutting edge technology to access R&D Tax Credits. Little to their knowledge, the R&D scheme requires a company to 'overcome technical uncertainties' whilst 'seeking an advance in science or technology'. Therefore, it is a lot broader than what people think. At BourkeHood, we are on a mission to deliver and simplify this process to as many companies as possible.”
CIRCLEPHOTO

Jason Hood

BourkeHood Director

Eligibility Criteria

The engineering sector is broad and can span across different industries. R&D could occur in any project where you attempted to resolve scientific or technical uncertainty and sought to advance in your field.

Qualifying areas include:
• Designing functions aimed at improving performance, reliability, quality or safety requirements,
• Development or improvement of construction equipment, technology, infrastructure etc.
• Developing new or improved systems for heating, air conditioning, etc.
• Materials engineering and design,
• Engineering, design and production of safety equipment,
• Developing tests to check and model performance of machinery or technology in different environmental conditions,
• Capacity analysis and assessment of equipment to meet demand,
• Improving existing products in innovative ways.

Booming sectors of engineering include:

Architecture

Aerospace

Manufacturing

Automation

Civil Engineering

Mechanical Engineering