The Patent Box Regime - Calculations & Claims for Finance Professionals

Introduction

This virtual classroom session will provide you with all you need to know about the patent box regime as it applies to accounting periods commencing on or after 1 July 2021.

This session will wrap up the latest key aspects of the rules and the practical issues involved in preparing a patent box calculation and claim.

What You Will Learn

This live and interactive course will cover the following:

• A brief reminder of qualifying companies, including rules for groups
• The development condition and a look at ‘qualifying development’
• Qualifying IP, including exclusive licenses
• The post July 2021 rules for calculating relevant IP profits
• Streaming rules, including the different types of streaming
• Finance income
• Excluded income and debits
• Notional royalties
• The R&D fraction, including tracking R&D
• Small claims treatment elections
• The impact of cost sharing agreements
• IP Losses
• Claims

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.