R&D TAX REFLIEF
The Engineering industry has played a massive part of the UK’s economy for the last several hundred years. It encompasses all disciplines, from mechanical engineering to electrical and civil engineering. With this in mind, it’s no surprise to see many engineering companies invest in research & development (R&D) to help resolve complex problems faced in the design and construction process. Many of these are highly technical problems and require intelligent solutions. Therefore research and development (R&D) is crucial in the engineering industry for the continuous development of next-generation products, infrastructure and technologies and to keep existing assets and systems working.