New report shows construction industry claim £400m in R&D tax creditsHMRC’s annual report for research and development (R&D) tax credit claims for the year 19/20 found the construction industry claimed back £400m, with 6,015 claims submitted.
Construction R&D claims have risen from the previous year which is consistent with the trend which has occurred over the last few…
HMRC’s annual report for research and development (R&D) tax credit claims for the year 19/20 found the construction industry claimed back £400m, with 6,015 claims submitted. Construction R&D claims have risen from the previous year which is consistent with the trend which has occurred over the last few years. In fact, since the 14/15 financial year when the cash tax benefit of R&D claims in construction was approx. £35 million, the value of construction claims has risen by more than 1,000%. A total of 85,900 claims throughout all industries were made overall up until 31 March 2021. This figure will continue to rise as the 19/20 claims window remains open until March 2022. With regards to other sectors in the report, taking top spot with number …
UK’s biggest energy suppliers in need of rescue packages to take on customers of failed rivalsThe UK has been shaken by the recent news of the energy market crisis. The main reason for the crisis is that wholesale prices of gas have increased by 250% since January, and by 70% since August. This has already put ten energy suppliers out of business. When a supplier fails, Ofgem appoints…
UK Energy Crisis: Suppliers going bust & what can customers do?The UK has been shaken by the recent news of the energy market crisis. The main reason for the crisis is that wholesale prices of gas have increased by 250% since January, and by 70% since August. This graph shows the hike in gas prices. Stuck between these increased costs and the costs they have commited to offer customers, severa…
Over US$20 Bn Opportunity to be Created by 2031 as Door and Window Automation Market Achieves Pre-Pandemic GrowthAs per Fact.MR, the global door and window automation market is expected to register growth at a CAGR of 5% over the forecast period 2021-2031.
Sales opportunities for the market will grow as residential spaces get smarter globally. Likewise, rising concerns regarding…
In Spite of Pandemic, Solar Industry Continues to Create High-Quality with Dramatic Growth Expected Over Next DecadeThe U.S. solar industry employed 231,474 workers in 2020, a 6.7% drop from 2019 due to pandemic restrictions and increased labor productivity, according to the National Solar Jobs Census 2020 recently released by the Solar Energy Industries Association (SEIA), the Solar Foundation,…
Guggenheim Abu Dhabi Set For Completion By 2025Establishment of a major museum for global modern and contemporary art in Abu DhabiAbu Dhabi’s plans to transform the emirate into a culture and creative industries centre and further its economic diversificationCollaboration between the Department of Culture and Tourism – Abu Dhabi and the Solomon R. Guggenheim Foundation…
Japan House London Presents Windowology: New Architectural Views From JapanWindowology: New Architectural Views from Japan shines a spotlight on the humble window, examining the impact they have on us every day.The exhibition explores the different perspectives on the world that windows offer us, considering the role of windows in disciplines such as architecture, film, craft manufacture, manga…
How Urban Solar Greenhouses Are Contributing To Urban Environmental, Social & Economic SustainabilityNews Commentary Experts and visionaries agree that urban farming will have a great impact on the future of food. Urban Agriculture (UA) is defined as the growing, processing and distribution of food taking place in and around the city. These operations are meant to not only provide food for…
Six Out of Ten New Green Buildings Worldwide Have Liquid Applied Waterproofing Membrane– Roofing Application Will Earn Nearly 30% of US$ 55 Bn Waterproofing Membrane Sales by 2031
– The Fact.MR market survey on the global waterproofing membranes market highlights key developments registered across segments in terms of applications and end-. It also provided insights into recent product…