From Ideas to Income: IP Commercialisation and Optimising R&D Tax Credits

Commonly, patent protection is perceived to lack benefits at the early stages of a product lifecycle. At the same time, there’s a significant lack of awareness about the Patent Box Relief Scheme. The average Patent Box claim is actually larger than the average R&D claim.

At this event, you will understand how to utilise Patent Box and R&D claims effectively.

Session Structure: (90 Minutes)

• Welcome & Intros (5 mins)
• Part 1: Patent Box and IP commercialisation with Rob Sansby (30 mins)
• Part 2: R&D Tax Credits with Felix Medd (30 mins)
• Q&A (25 mins)
• 12:00 - 12:30 Lunch (Provided by the event organisers)

Session Content:

Rob from Lucidity IP will cover:

• How the requirements for patent protection tie into R&D claim requirements;
• Timings for patent protection in relation to R&D projects;
• Shaping patent protection to maximise potential Patent Box benefit. 

Felix from TC Group will cover:

• At the start; determining eligibility, record keeping practises, cost planning
• After financial year; key deadlines such as prenotification period and submission timelines
• At the point of IP protection & monetisation – Patent Box Relief starts to apply.

Meet the Speakers:

Rob Sansby - Founder and Director of Lucidity IP, Rob is an experienced patent attorney with over a decade of experience in the complex industry of intellectual property. Rob is experienced in drafting patent applications, enforcement of patent rights, and the licensing of patents. Rob's experience in the industry working with entrepreneurs gives them the confidence to innovate with a robust IP strategy behind them.

Felix Medd - As Head of R&D Tax Relief at TC Group, Felix is well versed with HMRC legislation and processes. Felix has supported clients from a wide variety of industries including software, manufacturing, defence, metalworking/diecasting, financial services and precision coatings. Felix has guided his clients to many successful claims that have led to confidence and being able to articulate persuasively and effectively with HMRC to achieve positive outcomes.

Parking:

Please note, there is no onsite parking at Vulcan Works. The nearest car parks are St.Johns multistorey or Morrisons supermarket.

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Host or Publisher Barclays Eagle Lab - Cranfield