The Patent Box is a new tax regime being introduced on 1st April 2013. It’s designed to help companies who pay Corporation Tax and who exploit patented products. This video gives an introduction to the Patent Box and explains how it can be applied.
http://www.youtube.com/watch?v=PfBjLHH-BGQ
What does the Patent Box mean to your business? Relevant profits taxed at 10% and not 24% for starters. But is it for pharma alone, or all manufacturing companies? Click here for more information as Carmen Aquerreta of Deloitte explains how to calculate the savings.