Patent Box Legislation and what it could mean to your company’s corporation tax payments.

By |2017-09-22T14:51:16+01:00January 8th, 2013|Categories: Industry Insights|Tags: , , , |

What is it?  This is a preferential tax regime which will allow companies to apply a 10% corporation tax rate to profits which can be attributed to patents and other IP instead of the mainstream rate of 23%. It is part of the government’s initiative promoting the UK as ‘The Place to be’ for innovative [...]