Our office is closed on Friday 29 March 2024 and Monday 1 April 2024 for Easter.

The Patent Box - Tax Breaks for Innovative Businesses

The Patent Box, a government incentive to encourage businesses to innovate and patent their innovations, went live on 1 April 2013. Companies may pay as little as 10% corporation tax on profits from sales of patented products.

Details from HM Treasury here.

If you have any questions, please contact us.