Innovation Exchange
The built environment and construction industry face constant external and internal challenges that require a systemic approach to innovation to turn these challenges into opportunity. Innovation is vital to driving continuous improvement and to achieve our net zero ambitions, although it often suffers from hype with a lot of noise and a lack of implementation.
Join us on 3rd March for a session on Zero-carbon construction using Optoppen and changes and behaviour in the R&D claims landscape. More information to follow shortly…
- Zero-carbon construction using Optoppen
“A new free, open access digital tool has been developed as part of the Optoppen project – Exploring the use of lightweight roof extensions using timber and other bio-materials.
Hosted on a web platform that also showcases the opportunities and successes of this form of construction, the tool enables property owners and asset managers to get a feel for the structural capacity of their buildings for themselves, unlocking potential for their buildings and portfolio.
Optoppen increases the floor area in existing buildings, contributing to urban decarbonisation targets, densification strategies and more-efficient use of existing infrastructure. Combining refurbishment and the use of timber is a very low embodied carbon solution using today’s technologies and demonstrates the circular economy in action, ticking many sustainability boxes.
Reusing existing building frames, and adapting and extending existing building stock, is also a logical response to the challenges the construction industry faces in meeting climate targets. Lightweight vertical extensions increase the amount of additional floor area achievable using the capacity of existing foundations and structure.
The talk will discuss the innovative nature of the tool, the process that was undertaken to develop it and will include a live demonstration of the tool in action. Case studies will be shared of Optoppen projects, including projects throughout Europe and beyond!”
- UK – R&D claims landscape – changes and behaviour
Join us for an insightful talk on the latest changes to the UK Research and Development (R&D) claim scheme, designed to keep you ahead in the ever-evolving landscape of tax reliefs. This session will delve into the significant reforms introduced, including the new Merged Scheme and HMRC’s enhanced approach to enquiries and checks.
The Merged Scheme, effective from April 2024, combines the previous R&D Expenditure Credit (RDEC) and the SME R&D relief into a single, streamlined system. This change aims to simplify the claiming process, making it more accessible and efficient for businesses of all sizes. Under the Merged Scheme, companies can now claim a 20% R&D expenditure credit, with enhanced support for loss-making SMEs through the Enhanced R&D Intensive Support (ERIS), allowing them to deduct up to 186% of their qualifying costs.
In addition to these structural changes, HMRC has intensified its focus on compliance to tackle abuse and ensure the integrity of the R&D tax relief system. This includes mandatory digital submissions for all claims, accompanied by detailed additional information forms. HMRC has also introduced a mandatory random enquiry programme (MREP) to better understand and address non-compliance. These measures are designed to protect taxpayer money while ensuring that legitimate claimants can continue to benefit from the reliefs.
Don’t miss this opportunity to gain a comprehensive understanding of these pivotal changes and how they could impact your business. Whether you’re a seasoned R&D claimant or new to the process, this talk will provide valuable insights and practical advice to navigate the new landscape effectively.
This event provides Constructing Excellence National members with CPD in partnership with BRE Academy.
