Patent Box Regime
Date: Wednesday 18th April, 2012
Author: Cathy Corns
Profile: Cathy Corns
The details on the patent box regime are in the Financial Bill 2012 but do not start until April 2013. The regime will provide a more favourable tax system for companies in receipt of income from patents, taxing such profits at an effective rate of 10%.
This is a generous relief but not entirely simple. Forward planning is recommended.
Keywords: patent box regime
Please note that the opinions expressed in this blog represent the views of the author and not the views of Mercer & Hole.