Innovations, inventions and intellectual property. They're all incredibly valuable in the world of business and the savvy often safeguard them with the use of a patent.
But safeguarding your ideas and protecting your competitive advantage is just the start. Patent Box can turn your innovation and out-of-the-box thinking into a potential tax saving, helping you to retain more profit. Despite being introduced nearly a decade ago, Patent Box is still one of the most underutilised reliefs in the UK tax system.
The application process can be complicated with intricate accounting analysis, profit attribution, patent mapping, and wider tax issues to consider. It's complex, but that’s where we can help.
