Automotive & Logistics Industry Tax Relief
Opportunity for R&D tax relief in the automotive and logistics sectors has increased thanks to significant technological changes over the last few years.
Developments include more sustainable solutions across the industry, reducing fuel consumption, and integrating software improvements with industrial automation to enhance manufacturing processes and vehicle performance.
Examples of areas where qualifying R&D activities could exist
- Producing engines, vehicle frames, components, and parts using state-of-the-art solutions such as new technologies to reduce emissions, and innovative materials to improve product performance;
- Developing new vehicle safety solutions such as braking systems, driver assistance technologies, and remote assistance software for improved functionality;
- Prototyping and conducting trial runs of automotive parts and other components leading up to commercial production; and
- Testing and experimenting using new materials and equipment.
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