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– designing new ejector trailers (tax benefit over £61,000) £86,000) £72,000) £70,000) – creating machinery to help produce consistent results in the manufacture of a health beverage (tax benefit over £92,000) So it’s massively important that all engineering companies, who have either never claimed or suspect they are underclaiming, understand how the scheme works. Here’s what you need to know: R&D Tax Credits The Government’s R&D tax credit scheme has been running for two decades, and is open to any company investing time and money in new products or processes that meet HMRC...

Advertisement The hydrogen sector will receive £100 million over the next five years to support a green recovery and Scotland’s just transition to net zero. Scotland is set to become a leading hydrogen nation, with an ambition to generate 5 GW of renewable and low-carbon hydrogen by 2030 – enough to power the equivalent of 1.8 million homes. Economic impact research suggests the industry has the potential to be worth up to £25 billion/yr to the Scottish economy by 2045. Chief Executive of the Scottish Hydrogen and Fuel Cell Association, Nigel Holmes, said: “We welcome this Hydrogen Po...

Fraser Downs will be one of two Canadian racetracks in action on Boxing Day (Dec. 26), and the B.C. oval will feature a 17-race card with an added bonus for the local horsemen. The board of Harness Racing B.C. approved a one-day purse hike of approximately 25 percent for the final card of the 2020 harness racing season at Fraser Downs. Also, the Board suggested a minimum payment of $300 for all starters entered in the one-day special holiday card for horses not earning a cheque or achieving a minimum of $300.00. "The one-day purse hike and incentive payment were offered as a thank you to all ...

23 December 2020 9:44 GMT Updated  4 January 2021 15:12 GMT in  London Scotland's government has made a commitment to help the development of hydrogen energy through a policy statement issued this week. Scottish ambitions include a target of generating five gigawatts of renewable and low-carbon hydrogen power by 2030. The statement was backed by a five-year, £100 million hydrogen-funding facility, linked to Scotland’s Emerging Energy Technologies Fund and forming part of the devolved government’s climate change initiative. Sign up for our new energy transition newsletter Ga...

'Hydrogen is rapidly emerging across the international community as a sustainable solution for the decarbonisation of the economy' THE Scottish Government is to commit £100 million to developing hydrogen as a greener form of power. Industry bosses said Scotland had the opportunity to be a “leading hydrogen nation” – with ministers pledging to invest the cash over five years. The funding was announced as ministers set the target of Scotland producing 5GW (gigawatts) of renewable and low-carbon hydrogen by 2030 – enough to power the equivalent of 1.8 million homes. This could t...