UUÂãÁÄÖ±²¥

Intellectual property

Produced by in association with David Fyfield at Charles Russell Speechlys LLP
Employment Tax
Guidance

Intellectual property

Produced by in association with David Fyfield at Charles Russell Speechlys LLP
Employment Tax
Guidance
imgtext

Intellectual property (IP) is a broad term which covers a wide variety of inventions, designs, creations and discoveries. It can include anything from a piece of software to the design of a product to a logo.

Some types of IP can be legally protected to prevent others from being able to use them. The main types of IP are:

PatentsThese give you the right to stop others making, using or selling an invention without your permission, giving you a monopoly for the duration of the patent. They are available for any invention which:
– is new
– involves an ‘inventive step’ (ie it must be something genuinely invented rather than something obvious to a person skilled in the field of technology concerned)
– is capable of industrial application, and
– does not consist solely of certain excluded matter (like a scientific theory or method for doing business
See the GOV.UK website for more information on patent registration
Design rightsThese protect the appearance of the whole or part of a design. You can register a design

Access this article and thousands of others like it
free for 7 days with a trial of Tolley+™ Guidance.

Powered by
  • 17 Apr 2023 11:21

Popular Articles

Substantial shareholding exemption ― overview

Substantial shareholding exemption ― overviewThe substantial shareholdings exemption (SSE) provides a complete exemption from the liability to corporation tax on the gains generated from qualifying disposals of shares and interests in shares by qualifying companies. No claim is required. Provided

14 Jul 2020 13:44 | Produced by Tolley Read more Read more

What are connected companies for loan relationship purposes ― practical approach

What are connected companies for loan relationship purposes ― practical approachBrief overview of the rulesThe loan relationships legislation applies to any ‘money debt’ arising from the lending of money entered into by a company, either as a lender or borrower. The rules are contained in CTA 2009,

20 Apr 2021 16:00 | Produced by Tolley Read more Read more

Gilts

Gilts‘Gilts’ are securities that are also known by a number of different names (eg gilt-edged securities, Government securities or treasury stock).The Government sells gilts to fund the deficit between public spending and tax receipts. Normally, the Government pays interest to the holder of the gilt

14 Jul 2020 11:48 | Produced by Tolley Read more Read more