Following the release of the 2021/22 UK Budget, corporation tax is set to rise to twenty-five percent in 2023. While this will be unwelcome news for many businesses, tax relief for patent owners and licensees, afforded under the UK Patent Box regime, is now even more valuable.
In this episode, Appleyard Lees partner, David Walsh, is joined by Tom Dews, a Patent Box specialist and corporate tax partner based in the Leeds office of leading audit, tax and consulting firm, RSM UK.
Discussion topics include: What is Patent Box? | How does a company qualify for Patent Box? | How is the tax relief accrued? | What types of patents does the tax relief apply to? | Can multinational organisations benefit from the tax relief?
About The Greenshoots Podcast
The Greenshoots Podcast by Appleyard Lees is a conversation about intellectual property, focused on what matters most to innovators, inventors and brand owners, right now. In each episode, intellectual property specialists discuss the essential issues facing those who create, or protect, IP.
For on-demand access to intellectual property insights to help you, your team or your business, subscribe to The Greenshoots Podcast by Appleyard Lees.
If you have a question or issue you’d like our IP specialists to discuss on the podcast, tweet us @AppleyardLees, or email us, at firstname.lastname@example.org.
For more information about Appleyard Lees, visit appleyardlees.com.