Patent Box

Our team can help you compile and assess patent revenue, costs, and profit tracking.

Contact us to see how we can help

What is Patent Box?

The UK Patent Box scheme is a government initiative introduced to encourage innovation and support businesses that hold qualifying intellectual property (IP) rights in the United Kingdom. It allows eligible companies to benefit from a reduced rate of corporation tax on profits generated from their patented inventions or other qualifying IP assets.

Under the scheme, companies can apply a lower corporation tax rate of 10% to the profits attributed to qualifying IP rights. This reduced rate applies to income from worldwide sales, licensing, and other forms of exploitation of patented inventions or certain IP assets.

We’ll help you assess revenue, costs, and profits from patented products. Our services include:

  • Analysing R&D expenses’ impact on IP income.
  • Maximising tax benefits from R&D relief and Patent Box.
  • Monitoring legislative changes affecting Patent Box claims.

See how much you could expect with our patent box calculator tool.

Eligible patents & qualifying intellectual property rights

  • 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.

View our Patent Box Calculator

What will Visiativ 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;
  • Manage 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.

Contact us for further information

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