UK
Ireland
Less well known than Research and Development relief, the Patent Box regime allows companies to apply an effective 10% rate of corporation tax to profits earned from qualifying patented inventions, a significant saving from the main rate of corporation tax at 25%.
With the number of patent applications on the increase the regime is becoming more attractive, particularly as it assists management in balancing the costs of their Intellectual Property (IP) strategy against its benefits; giving them more room to manoeuvre when looking to research and patent going forward.
Disclaimer
This content was produced when S&W was part of the Evelyn Partners group of companies and as such, contains Evelyn Partners trademarks and branding. We are displaying this with Evelyn Partners Group permission, but S&W is not otherwise affiliated with Evelyn Partners. Evelyn Partners Group Limited and its affiliates accept no liability for loss or damage arising as result of any reliance on the information contained within.
Time & Location
Agenda
During the recording we will:
• Cover the key requirements of the regime; including the R&D fraction and effect of recent R&D regime changes
• Provide insights into the workings of the Patent Box regime
• Outline the potential benefits of the regime and how they may help your business