MACH 2018

MACH 2018

08 March 2018

Graeme Moore, Tom Furnival, Dan Thornton and Louise Carr recently attended the MACH 2018 Exhibition which took place at the NEC in Birmingham from 9-13 April 2018.

Find out more about this event.

Whilst at the conference, the team identified that many UK businesses that they talked to were cynical about patents. However, intellectual property and patents are an essential commercial tool for all companies in the domestic and global marketplace.

One of the biggest talking points was the UK Government’s “Patent Box” tax-reduction scheme. This scheme helps to offset the cost of the patenting procedure, and can even help your business to yield a much greater financial return, without ever having to use patents in their traditional way.

  • Over 1000 companies used the Patent Box in 2014/15
  • 37% increase in the number of claimants from 2013/14 to 2014/15
  • £651 million in tax saved through the Patent Box in 2014/15

If you would like to find out more about how the Patent Box can help your business to increase profits and reduce your corporation tax, please get in contact with Graeme.

Read our brochure: What’s in the Box?