Registered address:  18c Fairfield Road, Petts Wood, Orpington, BR5 1JR England.

 

Invicta IP Ltd Incorporated in the United Kingdom under Company Registration No 7245368.  Regulated by the European Patent Institute (EPI) and by the IP Regulation Board (IPReg).  Legal: Website Terms & Conditions, Privacy Policy

INVICTA IP LTD

For clear, concise, cost-effective advice on intellectual property, patents and industrial designs.

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Tel:  07905 227 034

Email: enquiries@invictaip.co.uk

What is the purpose of Patent Box?

 

To encourage businesses which pay corporation tax in the UK to innovate, by reducing their corporation tax liability when they do.  Further information here.

When did it start?

 

The legislation came into effect on 1 April 2013 and increased tax relief has been phased in over the period to 2017.

Development:

 

To claim the tax relief, a Patentee who has acquired the patent via assignment, or an exclusive licensee must be able to demonstrate that it has developed the invention. Further information here.

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What should I do now?

 

Correlate any existing patents, exclusive licences, products processes and profits in preparation to make a claim.  Consider how the Patent Box might change your patenting protocol.  In particular, are there inventions you would not normally patent in the UK which should now be patented?  Further information here.

What are the requirements?

 

In order to make a claim, you will need a British patent or a licence under a British patent or certain other intellectual property rights.  Further information here.

Patent Box  - Reduced Corporation Tax for profits on patents

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Contact us for an update on this tax incentive...!