This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our PRIVACY POLICY for more information on the cookies we use and how to delete or block them.
  • Intellectual Property – Patent Box

Intellectual Property – Patent Box

We have advised a number of clients on making claims to have profits arising from patented components and processes taxed at the 10% ‘patent box’ corporation tax rate.

Further changes to the patent box regime are effective from 1 July 2016.

The patent box regime may be relevant to any of the following:

  •  Companies currently exploiting patents (including under licence)
  • Companies that have patent applications pending
  • Companies considering the benefits of making a patent application
  • Any unincorporated business or individual that is considering the benefits of making a patent application

We would be pleased to advise any of the above on their current position and the best course of action from a tax perspective.