Patent Box

Get tax relief from innovation.
Patent Box is a scheme where businesses can elect to pay a lower level of corporation tax on profits that have come from patents and other forms of Intellectual Property.

To be eligible you must meet the following criteria

1

Have a qualifying IP right

  • patents granted by the UK Intellectual Property Office (UKIPO) or the EPO
  • patents granted by some, but not all, states in the European Economic Area (EEA)
  • certain other European IP rights
2

Actively hold the qualifying IP right as an owner or exclusive licensee.

3

Have income related to the qualifying IP right

  • e.g. sales of patented products or sales of products that use patented technology

The Patent Box allows for a 10% corporate tax rate, rather than 19%, on qualifying profits that come from UK or European patents.

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