Gin makers help businesses swallow patent legislation

Leeds’ MOJO bar is set to host a lesson in Patent Box for city businesses with the help of a little tipple.

The founders of Lakeland gin makers, Langtons, which is bottled in Leeds, will school businesses in how to take advantage of corporation tax relief via their patents, and save hundreds of pounds.

Businesses will be able to enjoy a glass or two as experts from Urquhart Warner Myers accountants will take the audience through claiming R&D tax relief and Patent Box tax relief.

Langtons are presented as a case study, having taken advantage of HMRC’s new prize, to gain instance reward.

The free event on Monday September 23 between 6pm-8pm will see Nick Dymoke-Marr of Langtons Gin and the team at Urquhart Warner Myers accountants explain how this new legislation works and how businesses can benefit, in an informal Q & A style.

Jonathan Myers of Urquhart Warner Myers accountants said: “We want to raise awareness amongst small product producing companies about a key development to help them reduce taxation.

“It doesn’t matter what the product is this legislation could save thousands of pounds which is crucial to the cash-flow and growth of fledgling businesses or those seeking expansion through product development.”

To book a place for the evening, visit this page.