Unwrapping the Patent Box for engineering & manufacturing businesses: How Patent box can deliver significant value to your business

Scottish Engineering members operate at the cutting edge of their industry. Challenging economic conditions and global competition mean it has never been more important to unlock the full value of your patentable intellectual property (IP).

Patent Box relief rewards IP investment by helping to reduce your Corporation Tax rate, with April’s Corporation Tax rise making the 10% rate available on profits attributable to your IP even more generous.

ForrestBrown will provide an update on the latest changes to R&D tax relief (which works in synergy with Patent Box) and other innovation incentives available as part of a wider innovation toolkit.

Who should attend:

• Business Owners
• CEOs
• Finance Directors
• In-house tax teams
• Accountants
• BD professionals

When:

Thursday, 22 June 2023

Time: 09.30-10.30

Register here

Speakers:

• Angela Banerjee ATT, Senior Tax Manager
• Gareth Randle PR Tech Eng MSAICE, Senior Sector Specialist

Webinar background:

Scottish Engineering members new to Patent Box will benefit from a practical overview of how it works and the benefits it delivers, while those already familiar with the regime can find out more about the synergies between Patent Box, R&D tax relief and other innovation incentives.

ForrestBrown will also provide an update on the latest changes to R&D tax relief and what they mean for engineering and manufacturing businesses.

Key takeaways:

• Learn to identify untapped IP and R&D which may have been overlooked
• Understand what qualifies for relief, including popular misconceptions
• Quantify what Patent Box could be worth to your business
• Industry update, how will the changes impact your business and what you can claim
  
• Introduction to other innovation incentives available