Wilson Gunn is advising clients on the Patent Box scheme. The Patent Box is a tax relief scheme that the UK Government will be phasing in from 1 April 2013.

Under the scheme, companies will be liable to pay a reduced rate of corporation tax on income derived from patented technology. The aim of the scheme is to provide an additional incentive for UK companies to retain and commercialise existing patents and to develop new, innovative patented products.

The scheme may enable companies with existing patents to make significant tax savings, and provides an additional reason to seek patent protection for new products. To obtain a free copy of our Special Report on the Patent Box scheme please contact us.