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ARTICLE · 09 JUNE 2014

Tax Focus – May 2014

A summary of current tax issues for companies.

United KingdomTax

Intellectual Property Office Publishes Report On The Value Of Intellectual Property

By Matt Watts

The Intellectual Property Office (IPO) has produced a report noting key action points in relation to intellectual property (IP).

One of the main findings of the report recently published by the IPO was the need for it to be more active in fostering improved understanding of IP and its value to businesses (including SMEs) and lenders, through the use of business tools and associated guidance.

The UK has a rich heritage of innovation and inventiveness. The majority of business investment, are now in intangible goods, ideas and creativity, according to the IPO. It is therefore crucial that entrepreneurs and innovators are able to place a value on this investment.

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