Patent Box Regime
TAP has brought together a team of experienced professionals with a unique depth of experience in taxation reliefs for innovative companies, patent law and management.
HMRC expect that in due course, it will provide a total cash benefit to UK Companies of c. £1 billion per annum. If your company has active patents or exclusive licences or IP which could be patented, then you should be considering the Patent Box.
Making a Patent Box Claim
To benefit from the Patent Box regime, companies must formally elect into the scheme within two years of the end of the relevant accounting period.
Patent Box legislation is technically complex, and several qualifying conditions must be met. As a specialist tax advisory firm, we are well positioned to:
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Assess Your Eligibility for the Patent Box
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Determine Your Potential Tax Savings
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Guide You Through the Full Patent Box Claim Process
Even if you currently hold intellectual property (IP) that hasn't been patented, our team can help you evaluate whether the potential savings from the Patent Box justify pursuing patents.
Is Your Business Eligible?
We offer a free, no-obligation consultation if any of the following apply to your company:
- You Own or Have Applied for a Patent with the UK IPO or European Patent Office (EPO)
- You Hold an Exclusive Licence Over a Qualifying Patent
- You Have Sold a Patent in the Last Two Years or Are Planning To
You Have Received, or Expect to Receive, Damages for Patent Infringement
📞 Contact us today on 020 8037 1130 or complete the enquiry form on this page, and a member of our R&D tax team will get in touch.
Innovation Tax Relief Service Team
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