Patent Box Tax Relief Specialists

Reduce your corporation tax to 10%

We help innovative companies to maximise their tax savings through the UK’s Patent Box regime.

If you generate income from patented products, processes, or technologies, you could significantly reduce your corporation tax liability. Let our expert team guide you through the process from start to finish, including defending your claim at no extra charge if it is enquired into.

What is Patent Box Tax Relief?

The Patent Box is a government initiative designed to reward businesses that commercialise patented innovations in the UK. Profits attributed to patented inventions may qualify for a reduced corporation tax rate of 10%, compared to the standard 25% rate.

Patent Box encourages companies to develop, retain, and exploit IP in the UK, boosting innovation and reinvestment potential.

Who can benefit?

Patent Box relief is available to UK companies that:

Are liable to corporation tax
Are liable to corporation tax
Hold or exclusively license a qualifying patent
Hold or exclusively license a qualifying patent
Have played a key role in developing the patented invention
Have played a key role in developing the patented invention
Generate income from the patent (e.g., product sales, licensing, royalties, damages)
Generate income from the patent (e.g., product sales, licensing, royalties, damages)

Simba Mareverwa

Head of Compliance & Tax Disputes

20+ Years in Corporation Tax compliance, previously head of HMRC disputes at UK’s largest R&D Taxfirm
Defended the most R&D Tax claims in enquiry by volume in the UK
Has worked on Patent Box claims and HMRC enquiries into Patent Box since the schemes inception in 2013.

Why choose InnoFund for Patent Box claims?

Maximised claim value, compliance and efficiency

At InnoFund, we specialise in simplifying complex tax incentives. As a patent box tax specialist we use IP strategists, engineers, and innovation consultants to help you realise the true ROI of your intellectual property.

As a patent box tax specialist InnoFund can often improve previous work done by accountants and other specialists by:

Accurate Identification of Relevant IP Income

Most accountants apply a basic apportionment approach to isolate income from patented products. A Patent Box speciali, however:

Dissects product lines to isolate only the income attributable to patented components or processes.
Identifies bundled IP revenue (e.g., licensing, embedded tech, spare parts) that might be missed in a standard claim.
Optimises the use of the streaming method or standard method, depending on the business structure and available data.

Compliance gains

Structuring the Claim for Maximum Tax Efficiency

Accountants may treat Patent Box as a post-R&D relief exercise. A Patent Box specialist, however:

Integrates Patent Box with R&D tax relief for long-term strategic gains.
Times patent filings and elections to align with commercialisation phases and tax planning.
Advises on group structures or IP ownership strategies to ensure tax is minimised across all entities.

✅ Maximised Claim

Better long-term planning and reduced effective tax rates across multiple years.

Clarifying and Defending Nexus Calculations

The Nexus fraction is a key part of the new regime (post-2016), linking Patent Box benefits to R&D performed by the claimant. Specialists:

Provide detailed R&D traceability to ensure Nexus compliance
Maximise the qualifying fraction by documenting internal vs outsourced R&D spend and IP development pathways.
Work with R&D teams to ensure accurate tracking of development expenditure and IP linkages.

✅ Maximised Claim:

Higher Nexus fraction means that a greater portion of income eligible for reduced tax.

Bridging the Knowledge Gap Between IP and Tax

Accountants aren’t typically trained in patent law or innovation strategy. A specialist can:

Assess whether existing products/processes can be patented, even retrospectively.
Work with engineers or design teams to adapt existing IP to fit Patent Box eligibility.
Help coordinate with patent attorneys to ensure claims align with commercial realities..

✅ Maximised Claim:

More products covered under valid patents with a broader scope for relief and increase in tax benefit.

Hear from our clients

"We had an existing R&D specialist but we had never explored Patent Box. InnoFund identified an oppurtunity for Patent Box tax relief and pulled the claim around in under a month. The team are always ready to help and go the extra mile, even working weekends, to meet your expectations.”

Anwar Sutan CEO

Our Patent Box Service includes:

01 Eligibility Review

We assess your patent portfolio and income streams to identify what qualifies under the regime.

02 Nexus R&D Fraction Calculation

We handle the mandatory calculations that link your R&D activity to your patented innovations to comply with the nexus rules.

03 Profit Attribution & Tax Calculations

We accurately attribute qualifying profits to ensure you secure the maximum tax reduction.

04 Claim Preparation & Submission

We manage the full claim process, prepare supporting documentation, and liaise with HMRC on your behalf.

05 Combined Relief Strategy

We can also integrate R&D Tax Relief with your Patent Box claim to maximise your overall savings.

Frequently Asked Questions

Do I need a granted patent to claim Patent Box?

Yes, you need a granted patent from the UK IPO, EPO, or another accepted jurisdiction.
However, you can elect into the scheme before your patent is granted and apply the reduced
rate retrospectively.

Can I claim if I license out my patent?

Yes, provided you receive qualifying income such as licence fees or royalties from the IP, you could still benefit from Patent Box.

Can I claim Patent Box and R&D Tax Relief together?

Yes! Many companies combine both reliefs for greater tax efficiency. We’ll help you structure your claims to maximise your benefit.

Don’t have a patent?

Speak to us to see if something you are doing could be patentable through InnoGuard®

Why act now?

With rising corporation tax rates, the 10% Patent Box rate is more valuable than ever. Don’t miss out on an opportunity to reinvest those savings into future innovations.

Ready to start saving? Get in touch today for a free consultation.

Call us: 020 4583 1267
Email us: info@innofund.uk