The automotive industry in the UK & Ireland spans a wide array of businesses, ranging from major original equipment manufacturers (OEMs) corporations to specialised vehicle workshops. This sector involves everything from designing, developing, and manufacturing vehicles and their parts, to making modifications. With a deep-rooted heritage and a robust standing for pioneering advancements and excellence, this industry has played a substantial role in bolstering the UK & Irish economy – housing distinguished automotive manufacturers, research establishments, and engineering enterprises. This sector is dedicated to forefront technologies like electric and self-driving cars, while also giving prominence to sustainability and lessening ecological impact. These aspects offer significant topics for exploration when considering a potential R&D claim
Numerous aspects within the field of Automotive Engineering present opportunities for potential eligibility for R&D Tax Relief. This encompasses a broad spectrum, including but not confined to, expanding industry knowledge by investigating power and energy efficiencies, devising novel systems for enhanced vehicle performance, undertaking non-trivial enhancements to existing components or systems, and even reconfiguring current components in fundamentally innovative ways