Getting Your Patents Shipshape To Maximise Patent Box Opportunities

    March 2012

    Patent Box is scheduled to be with us on 1 April 2013. Patent Box offers a company with qualifying patents the opportunity to materially reduce its corporation tax bill by utilising a low 10% tax regime for income attributable to the commercialisation of patents owned or exclusively licensed to the company.

    This brief review focuses on one aspect of the new regime which is relevant to businesses, which either have pending patent applications at the UKIPO or the EPO or are likely to file them in the future.