Patent Box Tax Relief

We begin by assessing your company’s eligibility for the Patent Box regime, identifying profits linked to qualifying patents and intellectual property. Our team works closely with technical and finance teams to understand your innovation, IP ownership, and commercial exploitation. By mapping your patent portfolio and income streams, we ensure that only eligible profits are considered, giving you a clear picture of potential relief. This upfront assessment provides confidence and clarity, ensuring your claim strategy aligns with HMRC rules and maximises the benefit of your intellectual property.

Accurate identification of qualifying expenditure is essential to maximise Patent Box relief. We analyse your development and operational costs, including R&D, IP acquisition, and relevant administrative expenses, to determine which elements can be allocated to qualifying patents. Our structured approach ensures all eligible costs are captured in line with HMRC guidance, helping to strengthen your claim. By clearly documenting the connections between expenditure, patent development, and commercial income, we provide a robust foundation for calculating the reduced Corporation Tax and maintaining compliance.

Calculating Patent Box relief requires careful apportionment of profits and expenses linked to qualifying patents. We work with you and your team to determine eligible profits and the corresponding tax reduction, producing accurate, compliant calculations. We also prepare clear reports and supporting documentation to demonstrate the rationale and methodology behind the calculations. This transparency ensures HMRC can easily verify the claim and gives your business confidence that the relief is maximised, properly evidenced, and fully aligned with the latest legislative requirements.

We handle the full preparation and submission of your Patent Box claim, combining technical insight with financial precision. Our team ensures all supporting evidence, calculations, and narratives are clearly documented and compliant with HMRC requirements. By managing the submission process from start to finish, we minimise administrative burden and ensure the claim is robust and defensible. Whether it’s your first claim or an ongoing submission, we focus on maximising your tax relief while maintaining full adherence to the evolving Patent Box rules.

If HMRC raises queries or opens an enquiry into your Patent Box claim, we provide full support and representation. Our experienced team responds to HMRC questions, prepares clarifications, and liaises directly with inspectors to ensure the claim is fully understood. We guide you through the process, addressing complex technical and financial issues, and aim to achieve a swift and positive resolution. With our support, your business can confidently navigate enquiries while protecting the value of your claim and maintaining compliance with HMRC’s requirements.