The The Society of Motor Manufacturers and Traders (SMMT) has provided a simple breakdown of the Budget for automotive manufacturers.
The below is a breakdown of the key areas of the Budget that will impact on car makers in the UK. Industrial strategy Government to provide £1.6 billion of funding to support sector strategies, including automotive, during the course of 2013. Research and Development (R&D) tax credit In the Autumn Statement 2011, government announced it…
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