Patent Box Tax Relief
What is Patent Box Tax Relief?
Patent Box Relief is a UK tax incentive that lets companies pay a lower rate of Corporation Tax (10%) on profits they earn from patented products or inventions.
To qualify for Patent Box Relief, a company must pay UK Corporation Tax, own or exclusively license a qualifying patent, earn income from that patent, and have carried out development work on the patented invention.
It’s Purpose
Similar to the UK's R&D Tax Relief, the Patent Box regime encourages UK businesses to invest in research and development by rewarding companies that successfully commercialise patented intellectual property.
Are you Eligible?
If your patent satisfies these main requirements, your company could be eligible for Patent Box relief:
Eligible Patent Box Income
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Sales generated from selling a Patented product
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Payments received from a third party using a patented product
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Income generated from the sale of a patent or from granting an exclusive licence to use the patent.
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Income received due to patent infringement or unauthorised use, including damages, settlements, insurance payouts, or other compensation.
Do you own any Patents? ✓
Are they registered in the UK or Europe? ✓
Do you make money from these Patents? ✓
How we partner with you
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Discuss to understand which Patents are applicable today, and could be applicable in future.
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Identify and quantify the relevant profit streams from eligible patents
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Generate a clear, robust Patent Box calculation and accompanying narrative/explanatory information within and attached to the Corporation Tax computation
