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Motorsport R&D Tax Credit Information Update Programme - Workshop 3

23 September 2015

Location: Sigmatex, Cheshire

Motorsport R&D Tax Credit
Information Update Programme

Workshop 3 kindly hosted by

Wednesday 23 September 2015
Sigmatex, Runcorn, Cheshire

According to the UK government “R&D Tax credits are the single most important funds for SME’s in the UK”. If you do not currently claim, or are unsure how to do so, the MIA’s ‘R&D Tax Credit Information Update Programme’ can help you.

Many motorsport companies stand to benefit substantially from the R&D Tax Credit scheme, yet most do not successfully claim their share. The MIA’s 2013 National Review of the Motorsport Valley Business Cluster found that:

  • 15% of motorsport companies spent OVER 25% of sales turnover on R&D

  • Motorsport companies spent an average of 12% of sales turnover on R&D


  • Only 20% claimed an R&D tax credit in the last 3 years, with just 13% registering patents

This comprehensive programme of quarterly half-day workshops is organised in partnership with HMRC, and professional industry tax experts. Each exclusive workshop will provide delegates with ‘tried and tested’ advice and assistance to help you claim, based on successful real-life case study examples from your motorsport industry peers. 

Each workshop will provide:

  • CURRENT overview of the R&D Tax Credits scheme, including ‘Patent Box’
  • PROFESSIONAL advice and guidance, using real-life case study examples
  • ONE-TO-ONE consultations and networking with fellow-industry delegates and experts
  • Lunch and refreshments throughout


“We claimed under the R&D Tax Credit Scheme right from the beginning about ten years ago.”
“If we are to maintain a manufacturing base here in the UK, then being innovative and having that innovation encouraged and supported by HMRC in this way is vital.”

Alistair Fergusson, Managing Director, Alcon Components Ltd


Sigmatex develops and manufactures carbon fibre textiles for composite material applications. From global locations, Sigmatex supplies spread tow, 2D woven, unidirectional, multiaxial (non-crimp), 3D textiles and recycled fabrics across a broad range of industries. Sigmatex's proven capability converts millions of pounds of carbon fibre each year for major projects that require high levels of quality and reliability.

Sigmatex works with customers to create carbon fibre textiles which meet various requirements including fibre orientation, crimp, drapeability, thickness and resin permeability. These textile solutions often require an innovative approach to textile design and process which is the core strength of Sigmatex.


Sigmatex will offer all delegates a comprehensive tour of their facilities, including a walk-through of the R&D and all manufacturing areas, and the opportunity to see carbon fibre being woven in to fabrics.  


NOTE: To ensure the most focused, relevant advice, delegate places are strictly limited, and will be allocated on a ‘first come, first served’ basis.

Pricing (includes workshop and lunch):*

  • MIA Member - £20 + VAT

  • Non-member - £30 + VAT

USEFUL INFORMATION: Please visit the Programme page HERE.

Secure your place, and claim your share - BOOK TODAY!

For more information please contact Carrim Bundhun on +44 (0)2476 692 600
 or email carrim.bundhun@the-mia.com

* Terms & Conditions apply