Patent Box

The patent box allows companies to elect to apply a 10% corporation tax rate to a proportion of profits attributable to qualifying patents, whether paid separately as royalties or embedded in the sales price of products.

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The patent box also applies to certain other qualifying intellectual property rights such as regulatory data protection (also called 'data exclusivity'), supplementary protection certificates (SPCs) and plant variety rights.

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tax4tech can help you access this valuable tax break.