Patent Box Tax Relief
Patent Box tax relief allows companies to apply a lower rate of Corporation Tax to profits earned from the exploitation of patents. For qualifying income, the rate can be reduced to 10%, offering significant tax savings and improving cashflow.
Who Can Benefit?
The scheme is relevant for any company holding and commercially exploiting patents, across all sectors. You may be eligible if:
Your company is liable to UK Corporation Tax.
You own or hold an exclusive licence for qualifying patents granted by the UK Intellectual Property Office, the European Patent Office, or certain EEA countries..
Your company has developed the patented invention.
Your business earns income from selling patented products, licensing patents, or using patented processes.
How We Can Help
Beavis Morgan’s tax specialists work with companies of all sizes across multiple sectors to:
- Assess Patent Box eligibility.
- Advise on structuring and maximising claims, including integration with R&D tax relief.
- Identify and track qualifying profits.
- Manage compliance and HMRC submissions, including complex calculations (e.g. notional and direct revenue methods).
- Advise on Patent Box considerations in group restructuring scenarios.
Our approach is thorough, commercially focused, and fully compliant with HMRC requirements, helping you achieve legitimate savings while managing risk.
Related Services
We provide a full range of corporate tax advisory services for larger companies, including:
- R&D tax relief.
- Corporate tax compliance and planning.
- International tax advice.
- M&A tax advice.
Contact us today to find out how Patent Box could reduce your Corporation Tax bill and support your business growth.
Complimentary Consultation
At Beavis Morgan, we are committed to providing you with tailored solutions that safeguard your family’s wealth and ensure your financial affairs are managed with the utmost efficiency.
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Beavis Morgan group Tax Investigation Service
HMRC has launched hundreds of investigations against businesses in the last few years. That is why we recommend that all of our clients consider joining the Beavis Morgan group Tax Investigation Service.
