Patent Box Relief
Your company could benefit from a reduced corporation tax rate of just 10% on profits earned from patented inventions and qualifying innovations.
What is Patent Box?
Patent Box is a UK government incentive designed to encourage businesses to keep and commercialise their intellectual property in the UK. It enables eligible companies to pay a lower Corporation Tax rate of only 10% on profits generated from patented products, processes, and innovations.
If your business profits from patents, this relief can significantly reduce your tax bill while rewarding your investment in innovation.
Is your business eligible?
Your company may qualify for Patent Box Relief if:
- You own or have an exclusive licence to use qualifying patents
- Your business is liable to UK Corporation Tax
- Your business earns profits from patented products, processes, or royalties
- You have undertaken qualifying development work on the patent
Many businesses are surprised to discover they qualify. Even if patents are just one part of your operations, you could still be rewarded.
How we will handle your Patent Box Relief claim
Eligibility Review
We assess whether you have undertaken qualifying activity on the patents
Claim Calculation
We calculate the relief you are entitled to, ensuring nothing is overlooked
HMRC Submission
We handle the Patent Box election and tax computation on your behalf, saving you
Combined Benefits
If you are already claiming R&D Tax Credits, we ensure your Patent Box claim works seamlessly alongside it
With two decades of experience and a proven track record, we’ve helped businesses save hundreds of millions through R&D Tax Relief and Patent Box claims.
Speak to an expert
Act now to reduce your Corporation Tax to just 10% on qualifying profits, freeing up cash to reinvest in growth and further innovation. Gain a competitive edge while securing long-term financial benefits.
If your business holds patents, don’t miss the opportunity to claim Patent Box Relief. Get in touch with randd today for a free consultation and find out how much you could save.
Discover more
What qualifies as R&D expenditure and what sectors could typically benefit from tax relief?
Who can
claim?
Why Use a specialist?
Ready to discuss your unclaimed Patent Box tax relief?
Complete the form to request a call from one of our consultants or click here to send us a message.