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PATENT BOX

CKLG Accountants

If your company owns, or exclusively licenses, UK or EU patents or plant breeders’ rights, you can elect for profits generated by using those patents to be taxed at 10%, instead of the current rate of corporation tax.

 

You must be actively using the patent in your own products, rather than just holding it as an investment.

 

There is a certain amount of accounting work to do to identify the profits from your patented products or processes, and we can help you with that.

 

Please talk to Stef and the Business Services Team if you are interested in taking advantage of the available tax reliefs for your business.

SPEAK TO STEF

 

01223 810100 help@cklg.co.uk

The patent box is not simple however at CKLG Accountants in Cambridge, we have the expertise to take that burden away from you.

FROM THE BLOG