Patent Box

How Boxing Clever with the Patent Box can mean Money for Nothing

The publication of the draft Finance Bill 2012 paves the way for the introduction of the Patent Box.

"we are pulling every lever possible to make the UK a much more attractive place to invest. From April 2013, a new Patent Box will offer a 10 per cent tax rate on patent profits." [David Cameron 5/12/2011]

To UK companies who box clever, the Patent Box can mean money for nothing. But they need now to be exploring opportunities to patent their products and processes. And they need to be talking to their tax adviser about tax planning.

If you are a tax adviser click the download PDF button below for a more detailed reaction to the draft Finance Bill 2012 and an introduction to two essential new tools, the Patent Box Audit and the Patent Box Primer.