Patent Box Relief
Business Name: Patent Box Relief
Business Genre: Business Grants
Short Business Description: Your company can benefit from up to 50% off your corporation tax bill.
Long Business Description:
The Patent Box Scheme enables companies to apply a lower rate of Corporation Tax to profits earned from its patented inventions. It has enabled some profitable Startup and small companies to nearly halve their Corporation Tax bill. To apply, your business must make a profit from exploiting patented inventions. Your company must own or exclusively licence in the patents.
