Workshop - Thinking inside the Box - Maximise your Assets

10th June 2014

 

Workshop - Thinking inside the Box - Maximise your Assets

 

 

Our third workshop took place at Sussex Innovation Centre on 3 June and proved to be a subject that generated a lot of debate from local businesses. 

The workshop was hosted by myself, Peter Hedgethorne, and Barbara Rigby from Dehns Patent and Trade Mark Attorneys.

Barbara explained the process for applying for and obtaining UK patents for innovative products and processes, and some guidance on the type of projects that are patentable.

With the assistance of my colleague Karen Oliver, I then explained which companies qualified for the Patent Box relief, and how the tax benefit was calculated.

The method of calculating the tax relief is complex, and the way in which the relief applies to profits generated in the period when the patents are pending proved to be a disappointment to a few of the delegates.

The full presentation

If you would like to know more about the various tax reliefs available to you and your business, please get in touch and we will be happy to discuss the options available to you.

If you would like to be added to our database and receive invitations to future seminars please email our Marketing Manager Victoria King on victoriak@plusaccounting.co.uk

 

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