Patent box: should the patent cover the whole product?
One patent over one essential element, qualifies the whole of the profit derived from the product or service for patent box.
Patent Box: is it worth the effort?
Is the benefit worth it? It depends whether a 47% to 60% reduction in tax payable on qualifying profits is interesting to you? Patent box claims can be very valuable to a UK busine
How important is intellectual property to business?
Your Business Intellectual Property needs to be relevant for your stage of development and the type the competitive marketplace you operate in.
Do investors care if we don’t own our Intellectual Property (IP)?
Having IP is important to investors as it provides confidence that there are barriers to competitors copying your business.
Does Intellectual Property help business grow?
Intellectual Property can help a business to protect competitive advantage, defend market share and support growth.
What are trade secrets? Does my company need trade secrets?
Trade secrets are one of your most valuable IP rights yet most companies have not taken simple steps to identify, value and protect them You don't really have trade secrets until y
Is Patent Box only for engineering companies?
Engineering companies do benefit from the Patent Box, but so do companies in a range of other sectors.
What is due diligence?
Would you hire a head of cyber security who had links to the KGB ? Such due diligence is usually quite a serious and thorough exercise. However, it appears due diligence
Patent box: Does the whole product need to be patented?
Only one essential element of how the product or service works needs to be patented to qualify for patent box relief
Breaking news…..Patent Box could save you 60% on corporation tax.
In the UK if you have a patent on a product that is successful in the market place you might be able to reduce your corporation tax by 60%