The Patent Box

The Patent Box is an important new tax incentive, introduced to encourage technical innovation in UK industry. The scheme allows UK companies to pay a lower rate of corporation tax (10%) on profits derived from patents.

This title, which will be published early in 2015, provides practitioners and students with a comprehensive and practical guide to the Patent Box rules.

Written both for experienced professionals and students, the book: < ul>

explains the legislation in plain language and with helpful commentary;

provides practical examples of situations where the relief could be available;

includes sample computations to show how the relief is calculated; and

places the scheme in context with the corporate tax system generally.