Speakers: Phil Louch and Dave Hopkins

Phil Louch joined the Inland Revenue in 1984 and has been involved with the  R & D scheme since its inception. He is part of the team based in Maidstone and has worked closely with HMRC’s policy department in writing HMRC’s internal guidance on the Patent Box. He has also been delivering workshops and visiting trade bodies etc giving overviews of the new legislation.

Dave Hopkins is a Business Engagement Manager for the Intellectual Property Office.  Dave has worked for the IPO for 12 years in a number of key roles. Dave moved to the Business and Outreach Team in 2009 and is primarily responsible for raising awareness of intellectual property amongst UK businesses, with special emphasis on SMEs. He regularly gives talks about Intellectual Property at business exhibitions, workshops and seminars. 

Topic Outline:

HMRC is hosting a series of free roadshows around the UK, which offer an overview of the new Patent Box legislation. The Patent Box enables companies to apply a lower rate of Corporation Tax to profits earned after 1 April 2013 from its patented inventions and certain other innovations. The relief will be phased in from 1 April 2013 and the lower rate of Corporation Tax to be applied will be 10 per cent.

This event will outline who can elect for the Patent Box, which patents are eligible, and how and when to claim.

There will also be a presentation from the UK Intellectual Property Office to provide an overview of Intellectual Property, focusing on patents in particular.