Electric car, e-scooter and autonomous vehicle firm rewarded with £110k R&D tax relief, tax consultants Catax reveal

Electric car, e-scooter and autonomous vehicle firm rewarded with £110k R&D tax relief, tax consultants Catax reveal
Manchester, 19 August 2020 – A technology firm that created e-scooters, electric taxis and a new autonomous mobility system is celebrating a £110,000 injection of government incentives, tax specialist Catax can reveal. Innovative Dragon is a great example of how SMEs should be using the HMRC R&D tax relief scheme to better reward themselves when investing in new products and processes. The innovation firm spent four years and more than £1 million developing a new mobility system Fl...

Comments

Post a Comment

Popular posts from this blog

Tips to upskill leadership and L&D teams to welcome next generations of apprentices entering the workforce

Image
There is no denying that the modern workforce is more generationally diverse than ever before - As Gen Z (those born between 1997 and 2012) starts to enter the workforce at speed, companies will need to adapt in order to support, recruit and retain this new wave of talent. Younger generations have increasingly different social environments and expectations, formative education backgrounds and professional apprenticeship experiences - this makes it essential for businesses to take thes... Read the full story
Read more

Increasing Uncertainty is Placing Strain on UK Business Leaders

Image
81% of UK business leaders admit to being placed in situations where they found it difficult to remain calm and clear-headed More than a third (37%) of leaders said they found it hard to prepare and express their thoughts under pressure Failing to maintain eye contact (30%), slouching (25%) and physically shaking (21%) named as the most common physical symptoms of leaders under stressUK business leaders are struggling to cope with the pressures of a rapidly changing world. Increased competit... Read the full story
Read more

Exhibitions can be used as a way of saving time and money

Image
Think of how much time is spent keeping in touch with your prospects and customers - old and new. And imagine how great it would be for them to come and visit you all on the same day at your office or premises so you can chat and have a catch up. It would be a very worthwhile exercise but the amount of time and resources it would take to organise just makes it a non starter.Or is it? Instead of you having to organise it at your premises, why not do the next best thing and avoid a lot of hassl... Read the full story
Read more