Mechanical Engineering

R&D in Mechanical Engineering

The UK’s mechanical engineering sector is going through a period of significant change as companies look for ways to improve efficiency and sustainability.

A need to reduce the impact on the environment is driving much of the developments in the sector, and a broad range of expertise means there are many activities eligible for research and development (R&D) tax credits.

The R&D scheme is designed to encourage innovation and provides relief on investment to overcome uncertainty. Given the high levels of uncertainty involved at the outset of many mechanical engineering projects, the opportunities to receive tax relief are plentiful.

The key is to understand how a project advances scientific or technical understanding and overcomes previous uncertainty, which means expert advice on compiling and submitting an application is vital. Some of the mechanical engineering activities likely to qualify for R&D tax credits are listed below.

Examples of eligible activities

  • Development of tools to improve efficiency
  • Designing new processes to increase capacity
  • Research into new materials
  • Research into new uses of existing materials
  • Modification of systems to improve capacity
  • Development of processes to enhance safety
  • Research and development of new tools

GET A CALL BACK

If you need to speak to us about a general query fill in the form below and we will call you back within the same working day.

  • By clicking on 'Submit' button you agree to our privacy policy.

News and Insights

  • 25
  • May
The UK is Set to Plummet 16 Places in the Global CT League Table

The UK Government’s decision to put up Corporation Tax from 19% to 25%, taking effect from next April, will cause the country to fall 16 places on the global ‘league table’ for corporate tax, fr…

  • 20
  • May
Fisheries and Seafood Scheme Relaunched

Marine Management Organisation Relaunch the Fisheries and Seafood Scheme The Marine Management Organisation (MMO) has relaunched the Fisheries and Seafood Scheme to safeguard the long-term sustainabil…