Introduction of “Original grant” patent system and report on revised subsidiary legislation.
Intellectual Property Office promises speedier process for patents.
The UK's Intellectual Property Office (IPO) has published a helpfularticle on using the 'Patent Box' regime to boost profits. Companies with qualifying intellectual property could benefit rather dramatically from a reduction in the CT rate from 24 to 10%. The program begins in April 2013, though the full benefit isn't reached until 2017.