Sectors
Construction Industry
The construction industry is full of challenges that require inventive solutions. Engineers, technologists, designers, and machinists spend a substantial portion of their time developing superior designs and manufacturing practices to remain competitive. Every construction project is unique, which means that construction companies have to adapt their processes and resources to suit each project.
This continuous evolution of technologies provides ample opportunities for companies to take advantage of the R&D tax incentive credit. Research and Development activities can take place during different phases of a construction project.
Examples of Qualifying R&D Activities
- Identification of technological improvements in the construction process or to the products and software used. This can include developing, testing, and implementing systems which are technically difficult;
- Research and design, development of prototypes, commissioning, including quality testing and production of the final product/ building;
- Development or adaptation of tools, materials, and processes to improve efficiency, or to adapt construction techniques to adapt to environmental or land conditions;
- Development of a unique assembly or construction method or process;
- Experimentation with new building materials;
- Custom design work to accommodate visual or structural needs;
- Development of innovative electrical, HVAC, and energy-efficient systems;
- Design and development of unique temporary systems such as shoring, falsework and dewatering systems;
- Modern Methods of Construction (MMC) and Building Information modelling (BIM) activities;
- Development of sophisticated systems to meet health and safety requirements. For example, innovative scaffolding, safe working processes and automation.
If you want to check out your company eligibility for the R&D Tax Credit, please contact us!
Architecture & Engineering
The Architecture and Engineering sector involves the development of new and improved design and infrastructure. A&E firms routinely conduct Research and Development activities during almost every phase of the project. Neither the contract, nor payments received for contracted services necessarily disqualify the activity for the R&D credit. If there is any degree of economic risk and the right to apply the knowledge obtained through these activities, the R&D process is retained.
The Architects and Engineers must deal with application, location, environment, and weather.
All interfere in the materials will be used, eventually the method or technique should be applied. May you or not hire specialized workforce or contract third part technician or specialist.
Examples of Qualifying R&D Activities
- Sustainable or conceptional design;
- Impact studies and design testing;
- Design and development of energy-efficiency projects and/or features;
- Alternative material changes from natural to synthetic;
- New material combinations and evaluation of their performance properties;
- Improving or developing functional alternatives or technologies;
- Development of modeling software, virtual views, ER/VR;
- Performance and evaluation of reliability, quality, and durability;
- Testing and/or failure of concepts;
- Integrating transportation systems into the functional design of the structure;
- Processes to resolve any uncertainties or accurate forecast;
- Substantial improvement of an existing product or process;
- Alternative methods in a challenging environment;
- Innovative assembly or constructions methods.
If you want to check out your company eligibility for the R&D Tax Credit, please contact us!
Aviation / MRO industry
The commercial airline fleet have forecasted worldwide, to grow in accelerated rate as the
aircraft manufacturers deliveries a massive technology shift over for the new generation
aircraft.
To prepare for this growth, all the original equipment manufacturer (OEM), from aircraft
manufacturer; and maintenance, repair, operation companies (MRO), must be looking to
increase efficiency through the process improvements as well.
Therefore, to align companies with distinct types of development and innovation, many
updates are required to accommodate the new demand. Research and development (R&D),
in the aviation industry, involves innovations in software, engineering, design and
manufacturing.
To claim the R&D tax credit, perform activities such as:
- More reliable machines and process;
- Eco-friendly supplies and materials;
- Information Technologies / Internal use software (integration/development);
- Communication systems, Virtual Reality (VR) or Augmented Reality (AR);
- Customized repair and maintenance programs;
- Efficiency and safety systems;
- Artificial Intelligence (AI) to accurate control and predict maintenance;
- New tools and equipment to early identify problems or material stress;
- Adjust for new combustible and better consumption;
- Flex layout configuration.
Processes
- Metal forming, welding, and machining techniques;
- Surface treatment and coating methods;
- Heat treatment profiles and procedures;
- Satisfaction of regulatory requirements;
- Automated processes and robotics;
- Manufacturing and tooling processes.
Products
- Composite materials / Alloys and powder metallurgies;
- 3D printing for supply chain and spare parts;
- Optimization of strength and minimization of weight;
- Increase product yield and decrease cycle times;
- Commercial prototypes and first articles for testing and validation.
Check out your company eligibility for the R&D Tax Credit contacting FI Group!
