Nissan has announced a major £1BN expansion of electric vehicle production at its car plant in Sunderland which will create 1,650 new jobs.
The Japanese carmaker says it will build its new-generation all-electric model at the site. Its partner, Envision AESC, will also build a new electric battery plant.
Production of the new model will create 909 new jobs and more than 4,500 in its UK supply chain.
Other production locations have not yet been confirmed. More details about the new vehicle will be released closer to the car's launch date.
Envision's new gigafactory will eventually provide batteries to power up to 100,000 Nissan electric vehicles a year. It will create 750 new jobs and secure 300 existing roles.
It is hoped the new plant will operational in time for 2024, when the level of UK-made components in cars manufactured in the UK is required to start increasing, in line with the terms of the UK's trade deal with the EU.
The majority of Nissan's Sunderland-assembled cars are sold in the EU.
Around half the steel used in production at NMUK (Sunderland) comes from Port Talbot, this is therefore a big boost for Welsh steel too.
Tax Investigation Insurance
Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.
You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.
Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.
A Solar Protect policy will enable your Accountant (your tax return agent) to:
- Deal with any correspondence from HMRC
- Attend any meeting with HMRC
- Appeal to the First-tier Tribunal or Upper Tribunal
- Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
Please click here for details.