Patent Box can reduce your corporation tax bill

We’ll help you compile and assess the associated revenue, costs and tracked profits from patent protected products, and advise on:

The implications of existing R&D eligible expenditure on the calculation of relevant IP income.
Managing the corporation tax benefits from the combination of both the R&D tax relief and Patent Box schemes.
Ongoing legislative changes, their impact on current and future Patent Box claims.

What is Patent Box?

The Patent Box is a Government scheme through HMRC that provides UK companies that hold qualifying IP rights or an exclusive IP license, and receive relevant IP income, the opportunity to benefit from a reduced rate of corporation tax on relevant profits. From 1st April 2017 this rate is 10%, which is applied to company profits from eligible patents or other qualifying intellectual property rights such as:

  • Patents granted by the intellectual property offices UK IPO and EPO;
  • Patents granted by the national intellectual property office of 13 EEA countries;
  • Medicinal & botanical IP rights (e.g. supplementary protection certificates);
  • Exclusive licences for patented inventions developed, exploited and defended by the licensee;
  • Patents acquired from another company, actively managed or developed by the acquiring company.

How are the profits calculated?

Profits will be calculated using revenue streams from global sales of:

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Patented products

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Products incorporating one or more patented inventions;

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Bespoke parts used in the patented product(s);

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Compensation/damages resulting from patent infringements

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Licence fees, royalties or proceeds from the sale of the patent;

What will ABGI UK do for you?

We will assist in compiling and assessing associated costs and tracked profits from relevant patent protected products, and advise on:

  • The implications of existing R&D eligible expenditure on calculation of relevant IP income;
  • Managing corporation tax benefits of the combination of both R&D tax relief and Patent Box schemes;
  • On-going legislative changes & impact on current or future patent box claims.

We will prepare the Patent Box report and associated calculation for inclusion in your tax return.

How much could I expect?

The Patent Box programme can offer generous savings in corporation tax. Our user-friendly calculator will estimate the tax benefit you could receive from HMRC.

*Please note that estimate of tax benefit is intended as a guide only and is in no way guaranteed. It is based on the figures you have input. Jumpstart are experts in maximising R&D tax relief benefits - please contact us to ensure you secure every last penny you’re entitled to.

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Have a question?

Contact ABGI and a representative will get back to you to discuss your unique needs and explain how we can assist. Submit an enquiry or call us on
0203 984 0321