Patent Box Scheme
Identify and maximise your patent tax relief opportunities to reduce your corporate tax on qualifying IP income.
Exploring and 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.
Exploring and 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
Our Team
Radeep Mathew
Head of Consulting
Robert Strutt
Associate Director
Sam Stafford
Major Accounts Manager
Our Team
Radeep Mathew
Head of Consulting
Robert Strutt
Associate Director
Sam Stafford
Major Accounts Manager
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: