Electrical-Engineering-R&D-Tax-Credits

Electrical Engineering R&D Tax Credits

UK fit outs help businesses plan and create how a space will look, either as an interior fit out of a new space or a refurbishment of an established space.

Going beyond simple interior decorating and furnishing, fit out R&D can include large structural developments and mechanical & electrical services.

From fixtures and fittings, unique finishes or manufacturing processes and equipment, fit outs can be innovating daily as they try to fulfil client briefs or architectural design elements.

R&D tax credits can offer fit out businesses an additional tax deduction of up to 130% (SME example) off all qualifying innovation spend (changing to 86% on all expenditure on or after the 1st April 2023 (View R&D tax credit changes)).