Bloodhound SSC opening up its doors for business event

Thames Valley businesses are being given the chance to see the latest developments of the project which will attempt to break the World Land Speed Record of 1,000 mph.

ChantreyVellacott, the accountancy firm based on Queens Road in Reading, is working alongside Bloodhound SSC (SuperSonic Car), to host the introduction to Bloodhound SSC and Research and Development (R&D) tax relief event on Wednesday, September 17, and is inviting local businesses to attend.

Richard Noble, project director of Bloodhound SSC, will be updating businesses on the latest developments of the project designed to push engineering and science beyond the boundaries of current technology and inspire the next generation of scientists and engineers through education.

ChantreyVellacott will also be providing an overview of the benefits of R&D tax relief. The firm has supported companies across a range of sectors to claim back in excess of £75 million in tax credits since the launch of the relief.

Miles Hewitt-Boorman, partner at ChantreyVellacott, said: “We’ve been partnering with Bloodhound SSC over the last year and are pleased to be able to work alongside the team to offer a fantastic opportunity to hear about the latest developments behind the build of the ultimate jet and rocket powered car.

“The event will also be a good opportunity to find out about R&D tax relief, as there is still a common misconception that R&D only takes place in laboratories which means innovative work and problem-solving in many other industries such as engineering, manufacturing, software development and construction is easily missed.”