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BBC’s Panorama & the Patent Box (IP – Hit or Miss?)
In the last couple of weeks, in the context of the UK’s patent box tax regime, this ipcopywriter has twice heard mention of a Panorama programme that discussed the patent box. In both cases the opinion expressed of Auntie Beeb’s current affairs show was as low as a World Champion limbo dancer.
So what was wrong with the programme? IPcopy decided to investigate.
The UK Patent Box – Reducing corporation tax
On 1 April 2013 the UK will introduce a new preferential tax regime, the so called “Patent Box”, that will potentially reduce the amount of UK corporation tax that a company will be liable for.
If you’re interested in finding out more, then grab a highly caffeinated beverage of your choice (we are going to be talking about patents and tax in the same post after all!) and read on.