Over three years (2014-2016), a communications company based in Nottingham has received £594,000 in R&D tax credits with the latest addition of £181,000. The company specialise in transport infrastructure, providing leading communications systems for traffic management.
Research and development is carried out by highly skilled staff to deliver complex projects to specifications and within restrictive budgets. R&D has enabled the company to progress forward with more efficient manufacturing and effective intelligent construction schemes to benefit the UK. The R&D tax credits scheme rewards this innovation.