Patent Box Scheme
We identify and maximise patent tax relief opportunities. If you have significantly contributed to the creation or development of an invention claimed in a patent – or a product incorporating this item – Patent Box can reduce your corporation tax rate on qualifying IP income to 10%.
Find out how much you can claim
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Maximising the value of your patents
The Patent Box regime aims to attract R&D investment, leading to the creation and active management of patentable intellectual property (IP). Leyton provides an end-to-end consultancy service which identifies, maps and analyses patent tax relief opportunities for clients.
How can my business benefit?
- To qualify, you must have undertaken qualifying development by making a significant contribution to the creation or development of the invention claimed in the patent, or a product incorporating this item
- You should be able to identify and calculate your relevant profits from qualifying IP income
- Qualifying companies can apply a reduced 10% rate of corporation tax on all profits relating to qualifying patents, instead of the normal corporate tax rate.
- Patent Box Scheme can be leveraged in addition to the R&D tax credit scheme, and claimed simultaneously
We offer support in the following areas:
- Identifying qualifying patents
- Liaising with patent attorneys to expedite patent applications or verify further opportunities
- Reviewing or advising on implementing patenting and IP ownership policies
- Mapping and quantifying relevant IP profit
- Analysing transfer pricing arrangements
- Negotiating with HMRC on qualifying conditions
- Accurately applying nexus fraction in your business
Leyton services which may interest you
Our highly experienced in-house teams constantly monitor market development and government funding opportunities to provide the most up-to date cost saving solutions. We offer support around a number of government schemes including:
Leyton services which may interest you
Our highly experienced in-house teams constantly monitor market development and government funding opportunities to provide the most up-to date cost saving solutions. We offer support around a number of government schemes including: