Small companies drive Patent Box growth according to latest statistics
New HMRC statistics show that Patent Box relief reached £2.283 billion in 2024–25. While large companies continue to receive most of the relief, claims by small businesses rose by 71%, highlighting growing opportunities for smaller companies to benefit from the scheme.
Key findings from the Patent Box relief statistics 2025 report
HMRC has published its annual Patent Box relief statistics report, which tells us how many companies are using the Patent Box scheme and how much this costs the government. The Patent Box incentivises companies to develop and commercialise their intellectual property (IP) in the UK, allowing them to apply a lower 10% Corporation Tax rate on […]