17 November 2022 · Articles, Innovation
How will this hurt the tech sector and innovation? The UK government seeks £4.5 bn in savings from R&D tax credit cuts by targeting SMEs and start-ups. The Autumn statement used a blunt instrument to attempt to tackle spurious claims but really it was an easy way of saving the government money. We all agree […]
Read More16 November 2022 · Articles
Since 2019 half a million people have withdrawn from the UK workforce through sickness I always thought this reduction was mainly people aged 55-65 deciding to hang up their spurs early following some Covid era revelation about life quality but there is something else going on ….. In the UK there seems to be an […]
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15 November 2022 · Articles, IP Value
Can you claim patent box on the same thing as you have claimed R&D tax credits on ? Yes. Actually you must have carried out R&D on the patented item to be able to claim patent box relief anyway Patent Box claims can be highly valuable to your business – reducing corporation tax payable on […]
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9 November 2022 · Articles, IP Value
£3.4m in the case of Made.com Out of administration the value of this brand will be lower than if it were a going concern The Made.com brand was sold to British fashion retailer Next for £3.4 million, after the online furniture seller went into administration. Next bought the made.com brand, website and intellectual property from administrators […]
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8 November 2022 · Articles, IP Value
There are many misconceptions as to whether software can be protected with intellectual property – the answer is it can be protected.
Read More7 November 2022 · Articles, IP Value, Trademark
A couple of key lessons in October 2022 apparently: 1. When signing a long term business deal with a partner make sure to clearly outline who will own the intellectual property after the relationship ends: In October Adidas broke up with Kanye terminating a multi $bn shoe partnership ……the Adidas lawyers made sure they were […]
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4 November 2022 · Articles, Personal
British gymnasts shone at the World Championships this week, placing 3rd overall. I am amazed at the strength, endurance, flexibility and technical expertise of these athletes – I could watch it for hours. Special mention for 18 year old Jessica Gadirova who was crowned World Champion for the floor routine (artistic tumbling) and Bronze in […]
Read More3 November 2022 · Articles, Innovation, IP Value
One patent over one essential element, qualifies the whole of the profit derived from the product or service for patent box.
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2 November 2022 · Articles, Trade secrets
Trade secrets protect more than just inventions A trade secret can be any confidential business information providing business with a competitive edge.
Read More1 November 2022 · Articles, IP Value
Is the benefit worth it? It depends whether a 47% to 60% reduction in tax payable on qualifying profits is interesting to you? Patent box claims can be very valuable to a UK business, even more so when corporation tax increases to 25% next April It takes a bit of effort to set it up […]
Read More31 October 2022 · Articles
There is an inevitability about cyber-attacks – they will happen to all of us, just ask the UK government. What will be lost when you are hacked? Trade secrets are very fragile intangible assets, they can be of immense value but their value hits zero very quickly, when leaked. Knowing what your trade secrets are, […]
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27 October 2022 · Articles
Expanding into new markets? Then consider your Intellectual Property position.
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