Patent Box Tax Relief - New Team Member

The Patent Box remains a vastly underclaimed tax relief. The most recent figures from HMRC show there has been a small rise in claimants. In 2017 to 2018 a total of 1,305 companies in the UK claimed Patent Box tax relief, obtaining tax savings of £1,101m. This is an increase in volume of approximately 12%, and 6% by value.There will be man....
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HMRC Patent Box Statistics 2020

Patent Box aims to create a competitive tax environment for companies to develop and exploit patents, supporting business investment and growth to retain the best technologies and inventions in the UK.If businesses have any pending or granted patents, they could be eligible for a significant tax saving, whereby profits from the patented products (a....
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