Intellectual property news and updates

We break down the key points from HMRC's annual statistical report on the uptake of the Patent Box and analyse the findings.

HMRC has released a report on statistics on the uptake of the Patent Box for the first full financial year that the Patent Box was in effect, 2013/2014. The Patent Box is a tax relief scheme that allows companies to pay a lower rate of Corporation Tax on profits derived from patented inventions. The figures are broken down by company size…

Following the Chancellor, Philip Hammond’s, first Autumn Statement yesterday, we take a look at some of the announcements likely to impact innovation and intellectual property in the UK. Patent Box Rules The government will publish draft legislation for the Finance Bill 2017 on Monday 5 December 2016 which will ‘add specific provisions’…

Earlier this month our Senior Associate, Chris McDonald, presented at the ‘Food & Beverage, Law & IP Summit’ on patent protection for recipes and product formats. This article is a brief overview of his presentation. There is some doubt within industry regarding patenting of recipes or product formats; whether it’s possible…