When: Thursday 5^th June                                                                                              

Where: ILS 2, Swansea University

What time: 12pm – 1.30pm

Cost: Free (with buffet lunch provided).

Companies have for many years been able to derive significant financial benefits from expenditure incurred on qualifying Research & Development (“R&D”) activities.  Following a number of recent changes to the scheme it has now become even more generous.

New rules on a lower tax rate for profits derived from patents took effect in April 2013.  These new rules, known as the “Patent Box”, are intended to increase the UK’s competitiveness, stimulate innovation and encourage investment in the UK by introducing an effective 10% corporate tax rate for qualifying profits.

Paul Arnold of Bevan & Buckland Chartered Accountants will be holding this free NVI Wales Mentor Session.  Paul is an R&D and Patent Box specialist.  In addition to advising many owner managed businesses he has also advised some of the largest companies in the UK, including FTSE 100 companies and large multinational groups and is a member of HMRC’s R&D Consultative Committee.

Programme:

12.00pm:    Arrival, networking and buffet lunch

12.20pm:    Session 1 – R&D Tax Relief

12.40pm:    Session 2 – Patent Box Tax Regime

1.00pm:     Opportunity to ask questions direct to Paul.

1.30pm:     Mentor event concludes.

Click this link to register: http://www.eventbrite.co.uk/e/rd-tax-relief-and-the-patent-box-tax-regime-tickets-11251077275

Pre booking is essential as places are limited. 

This  event is free to attend for Life Science & ICT students, start ups and SMEs.  The event is organised by NVI Wales part of the National Virtual Incubator Network and is supported by the Welsh Government.

If you are a start up or SME in Mid, West or North Wales you will have the opportunity to view the event on live stream.  To register for live stream please email: NVIWales@swansea.ac.uk or call 01792 295627.