Mining & Quarrying

The Juicy Numbers

33 %

of eligible costs could be recovered

2 k

active mines and quarries in the UK

£ 90 m

claimed in the sector (2020-21)

98 %

of our claims paid first-time by HMRC

R&D tax credits in the mining & quarrying industry

If you are a manager or business owner in the mining and quarrying sector, you will know how technically challenging, complex and costly it is to produce high volumes of quality aggregate. The processes by which refined, usable and per-gradation aggregate require constant refinement and upgrades, which brings increased costs.

This is where the Government's R&D tax relief schemes come into play. Forget the notion that R&D involves white lab coats and test tubes. If your mining or quarrying business undertakes innovative, proactive development or redevelopment of techniques, processes or operations, you may be eligible to reclaim a large proportion of your eligible expenditure. By using Yuzu Group as your R&D tax credit claim specialist, you will achieve maximum benefit from the scheme and reward your risk and innovation.

Common Eligible Activities

Not all mining and quarrying activities are reclaimable under the R&D tax credit scheme, so it is critical to know the eligible expenditure. This is where our specialist consultants come in. We’ll do the legwork and uncover every penny of eligible expenditure across your operations.

Mining Operations

Costs

Mines and quarries must create detailed mining engineering plans that explain how raw materials will be extracted to provide maximum yield whilst adhering to environmental regulations. This plan is often a live document and requires ongoing R&D to adapt to changing geological and environmental conditions.

Mining and quarrying activities that could be eligible for R&D tax relief:

Geotechnical exploration
Digging test bores
Reviewing geotechnical data
Creating a mine development plan
Analysing alternative mining plans
Designing and testing alternative blasting plans to produce better shot yield
Analysing blast data for efficiencies in shot dispersion
Designing alternative infrastructure workflows within the pit
Testing alternative dewatering processes
Developing mine reclamation plans

In the second phase of aggregate production, companies need to turn the material extracted from mining operations into commercially sellable products. This process can require significant levels of R&D to experiment with various plant setups and other operational processes to determine the optimal approach.

Plant production activities that could be eligible for R&D tax relief:

Designing the physical plant layout and workflow
Experimenting with alternative equipment configurations
Experimenting with alternative screen setups
Testing alternative speeds
Designing and fabricating custom equipment to improve the process
Modeling or performing calculations to simulate production output
Designing site infrastructure
Lab testing

Who qualifies?

You must:

Be a registered Limited company in England and Wales

Have registered for and be liable to pay corporate tax

Have carried out qualifying activities in relation to Research and Development

Have spent money on these activities in the previous 3 years

About Yuzu Group

We're not your average tax consultancy. Your business deserves best-in-class support teams for your retail or wholesale R&D tax relief claim, and that's precisely what you get.

Using experience in the world's largest consulting firms, our specialist consultants are trained to identify every penny of available expenditure from your retail R&D projects and to create high-quality narratives to accompany your tax credit claim, whether we're revisiting your previous claim or starting a new one from scratch. We know what HMRC want to see in your claim, resulting in our 98% first-time payment rate.

R&D Tax Credits in Mining and Quarrying

Utilise the Government scheme to its full potential by reclaiming up to 33% of eligible costs with Yuzu Group

The Juicy Numbers

Research & Development (R&D) [rɪˈsɜːʧ ænd dɪˈvɛləpmənt]

R&D tax credits in the mining & quarrying industry

Did you know your R&D project does not need to be commercially successful to qualify for R&D tax relief?

Common Eligible Activities

Mining and quarrying activities that could be eligible for R&D tax relief:

Plant production activities that could be eligible for R&D tax relief:

We Are Yuzu Group

Who qualifies?

… your software research and development must overcome scientific or technological uncertainty that a professional in the field could not have easily solved…

Credit Estimator

You are likely to be eligible for R&D tax credits if the following applies to your business:

Start your R&D Tax Credit journey within the mining & quarrying sector

About Yuzu Group

R&D Tax Credits in Mining and Quarrying

Utilise the Government scheme to its full potential by reclaiming up to 33% of eligible costs with Yuzu Group

The Juicy Numbers

Research & Development (R&D) [rɪˈsɜːʧ ænd dɪˈvɛləpmənt]

R&D tax credits in the mining & quarrying industry

Did you know your R&D project does not need to be commercially successful to qualify for R&D tax relief?

Common Eligible Activities

Mining and quarrying activities that could be eligible for R&D tax relief:

Plant production activities that could be eligible for R&D tax relief:

We Are Yuzu Group

Who qualifies?

… your software research and development must overcome scientific or technological uncertainty that a professional in the field could not have easily solved…

Credit Estimator

You are likely to be eligible for R&D tax credits if the following applies to your business:

Start your R&D Tax Credit journey within the mining & quarrying sector

About Yuzu Group

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