What happened:<\/strong> Today, 31 May 2026, is the legal deadline for all UK employers to issue P60 forms to every employee who was on the payroll on 5 April 2026, summarising their total pay, income tax, and National Insurance contributions for the 2025\/26 tax year \u2014 and HMRC can impose penalties of up to \u00a3300 per employee for each failure, with daily penalties of \u00a360 per employee if the breach continues after a formal notice. Paycheck<\/a><\/p>\n\n\n\n Why it matter<\/strong>: Construction technology companies frequently employ a mix of full-time staff, part-time developers, and employees who joined late in the tax year all of whom are in scope if they were employed on 5 April and a practice discovering a missed deadline should issue P60s as quickly as possible and document the remedial steps taken. Today is also the moment to start the clock on the next payroll deadline: the P11D for benefits in kind follows on 6 July 2026, and from 6 April 2026 most benefits in kind move to mandatory payrolling, making this year end significantly more complex than usual. A proactive call to any client who hasn’t confirmed issue is the kind of service that builds trust and prevents nasty surprises. Mercans<\/a>SmartSMSSolutions<\/a><\/p>\n\n\n\n What happened:<\/strong> HMRC issued formal guidance on 18 May 2026 opening applications for its new targeted advance assurance pilot for R&D tax relief, allowing any SME including those that have claimed before \u2014 to seek pre-submission certainty from HMRC on up to two specific complex or high-risk aspects of their R&D claim before filing, covering whether a project qualifies as R&D, overseas expenditure eligibility, contracted-out work, and PAYE\/NIC cap exemption. PBC Today<\/a><\/p>\n\n\n\n Why it matters:<\/strong> Construction technology companies are among the most active R&D tax relief claimants in the UK building proprietary software, AI tools, BIM platforms, and digital twins but they are also disproportionately exposed to HMRC enquiries because their claims often span contracted-out development, overseas teams, and blended commercial\/R&D activity. The pilot is open to any SME planning to claim R&D relief, is not restricted to first-time claimants, and provides certainty on the single aspect of a claim that carries the most risk and unlike the existing advance assurance scheme, it is designed to be genuinely accessible rather than a theoretical option that fewer than 1% of eligible companies ever used. Proactively walking your construction tech clients through this before they file their next claim is a high-value advisory service only a specialist practice is positioned to deliver well. Construction Dive<\/a><\/p>\n\n\n\n What happened:<\/strong> Trimble has signed an agreement to acquire Document Crunch, an Atlanta-based AI startup that uses machine learning to scan construction contracts for critical risk provisions, payment disputes, specification non-compliance, and notification failures a tool already deployed on more than 10,000 projects by contractors including Balfour Beatty \u2014 joining Procore and Autodesk in a wave of 2026 contech acquisitions embedding AI directly into core construction workflows. Fusion Accountants<\/a><\/p>\n\n\n\n Why it matters for clients:<\/strong> This acquisition signals that AI contract review is no longer a specialist add-on it is becoming table-stakes infrastructure inside the platforms your construction tech clients either build on or compete with. The deal illustrates the continued momentum of construction M&A in 2026, with contech giants assembling end-to-end platforms through acquisition rather than organic development, compressing the window for independent specialists to establish market position before being absorbed or outcompeted. For practice, this raises two immediate questions for any client in the contract management or document intelligence space: what is their defensible differentiation now that Trimble owns this capability, and is their current valuation and exit strategy still calibrated to this new reality? PwC<\/a><\/p>\n\n\n\n Sources: GoCardless \/ Acenteus \/ PayCheck (P60 deadline, 31 May 2026); RegFollower \/ Wilson Partners \/ ForrestBrown (HMRC R&D advance assurance pilot, live 18 May 2026); Construction Dive \/ Trimble (Document Crunch acquisition, April 2026).<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Story 1: \ud83d\uddd3\ufe0f TODAY’S DEADLINE \u2014 P60s Must Be In Employees’ Hands by Close of Play What happened: Today, 31 May 2026, is the legal deadline for all UK employers to issue P60 forms to every employee who was on the payroll on 5 April 2026, summarising their total pay, income tax, and National Insurance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-38","post","type-post","status-publish","format-standard","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsbf.net\/index.php?rest_route=\/wp\/v2\/posts\/38","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsbf.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsbf.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsbf.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/imsbf.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38"}],"version-history":[{"count":1,"href":"https:\/\/imsbf.net\/index.php?rest_route=\/wp\/v2\/posts\/38\/revisions"}],"predecessor-version":[{"id":39,"href":"https:\/\/imsbf.net\/index.php?rest_route=\/wp\/v2\/posts\/38\/revisions\/39"}],"wp:attachment":[{"href":"https:\/\/imsbf.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsbf.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsbf.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Story 2: \ud83d\udd2c HMRC’s New R&D Advance Assurance Pilot Is Live \u2014 A Genuine Opportunity for ConTech Clients<\/h4>\n\n\n\n
Story 3: \ud83e\udd16 Trimble Acquires Document Crunch \u2014 AI Contract Analysis Is Now Mainstream ConTech Infrastructure<\/h4>\n\n\n\n
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