Yorkshire businesses are being invited to a breakfast seminar later this month to find out how new Patent Box tax credits can help to save them money.
The Intellectual Property Team at hlw Keeble Hawson has joined forces with patent attorneys from Mathys & Squire to explain the benefits of a new scheme which gives patent owners, or their exclusive licensees, the opportunity to claim a reduced rate of corporation tax on income generated from patents earned after 1 April 2013.
Deborah Niven, associate at hlw Keeble Hawson, said:
Innovation is rife in this region; most businesses will be continually developing their machinery, plant, processes and technology and may not realise that by getting patent protection for it they can benefit from the new government tax incentives.
This seminar will explain what patents are, what can be registered and how they can be filed quickly and cost effectively with the aim of benefiting from the Patent Box scheme. The team will also advise on how patents can be a useful tool for businesses to ensure their product or service remains exclusive.
Ben Wyatt, an intellectual property commercialisation specialist at Mathys & Squire, said:
Many businesses develop new technology but never think to patent it because they think it will be complicated and costly. This free event will give them the chance to find out what really is involved in filing a patent and whether they could benefit from the Patent Box scheme.
The event will be held at Commercial House, Sheffield on Thursday, March 28, from 8am – 9.30am. To book your place, please contact Clare Bowler at firstname.lastname@example.org.