Tuesday 16 July 2013

London Patent Box Workshop

The patent box is a valuable tax concession to encourage innovation introduced by s,19 and Sched 2 to the Finance Act 2012 which came into effect on 1 April 2013.

Our chambers have been running a roadshow on the patent box in conjunction with our colleagues from Atlas Tax Chambers and our good friends from BDO UK LLP and Broudie Jackson Canter. We had already staged workshops in Leeds and Liverpool.  On 12 July 2013 we brought the roadshow to the Liverpool embassy in London.

I gave a brief introduction to patents along the lines of my talk to the Liverpool Inventors Club on 29 April 2013 which you can download here:

The Patent Box: Introduction to Patents from Jane Lambert

I also distributed the following handout:

Introduction to Patents from Jane Lambert

The main speaker was Howard Veares, tax director - Corporate International Tax Services at BDO LLP. You will find his slides here:

The last presentation was by Michael Sandys of Broudie Jackson Canter. He spoke on commercializing intellectual property:

The seminar went so well that we plan to hold another on IP and taxation at the same venue on 13 September 2013 at which the main speaker will be my colleague Anne Fairpo.   We shall advertise that event shortly but as we shall only have 15 places including the chair and speakers you may wish to reserve your place now. You can do so by calling Steve Broom or John Lister on 020 7404 5252 or filling out our contact form.

We are also building up a collection of resources on the patent box here.  If you would like to contribute an article or link we shall be glad to hear from you.

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