Everything you need to know about Patent Box (almost) - Part 2

October 12, 2015


It’s been quite a week for tax professionals with plenty of ‘light’ reading courtesy of the OECD. I consider myself fortunate that Chapter 5 (harmful tax practices) was one of the shorter papers at just 80 pages.

So what can we expect for patent box beyond 2016 as it transitions under modified nexus? The good news is that the releases this week didn’t contain too many surprises, albeit there are complexities. 

The safeguarding measures rumoured to be introduced were announced, shortening the timeframe for some businesses to get ready for Nexus.

Now we have the final chapter, business can start to get ready for the changes from 30 June 2016.

To hear what nexus really means for your business, join us and HM Treasury/HMRC at one of our breakfast events next Tuesday/Thursday in London/Midlands. 

Finally, I look forward to the HMT/HMRC consultation that is expected next week – please don’t miss your chance to be heard.


Angela Browning

e: [email protected]

p: +44 (0)1509 604274


Adrian Gregory

e: [email protected]

p: +44 (0)2072 34942