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...

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