Patent Box Relief Services That Reward Your Intellectual Property
Does your business profit from patented technology? ABM Chartered Accountants helps you claim Patent Box relief, reducing your effective corporation tax rate to 10% on qualifying IP profits. We handle the complex calculations so you keep more of what you earn.
Pay Less Tax on Your Patent Profits
The Patent Box regime allows UK companies to apply an effective 10% corporation tax rate to profits derived from qualifying patents, compared to the standard 25% rate. The calculations are complex and the eligibility conditions are strict. ABM Chartered Accountants manages the entire process, from confirming eligibility to preparing and submitting your claim.
Our ICAEW and ACCA qualified accountants understand the technical requirements of Patent Box, including the nexus fraction, IP profit streaming, and the active ownership condition. Whether you hold a single UK patent or a portfolio of granted rights, we make sure your claim captures the full benefit available.
What Our Patent Box Service Includes
From reviewing your patent portfolio to integrating your claim with R&D tax relief, here is how ABM Chartered Accountants helps you access the full Patent Box benefit.
Eligibility Review
Assessment of your patents and IP to confirm whether your business qualifies for Patent Box relief.
IP Profit Calculation
Calculation of qualifying IP profits using the required streaming and nexus fraction methodology.
Patent Box Election
Formal election into the Patent Box regime within your corporation tax return and computations.
Claim Preparation
Full preparation of your Patent Box claim with the additional deduction calculated and documented.
R&D Integration
Linking your Patent Box claim with R&D tax relief to maximise the combined benefit you receive.
Ongoing Compliance
Annual review and maintenance of your Patent Box election to keep your claim current and compliant.
Keep More of Your Innovation-Driven Profits
Patent Box is one of the most generous tax incentives available in the UK, yet many qualifying companies do not claim it. The calculations deter most accountants, which means businesses miss out on significant savings year after year. ABM Chartered Accountants cuts through the complexity and makes sure you benefit.
Claiming Patent Box alongside R&D tax relief creates a powerful combination. You receive tax credits for your research spending and a reduced tax rate on the profits those innovations generate. Together, these reliefs can transform the financial return on your intellectual property and give you a real competitive edge.
Patent Box Relief for Innovative Companies Throughout the UK
Based in Canary Wharf, London, ABM Chartered Accountants prepares Patent Box claims for companies with qualifying patents right across the UK. Our digital process means location is never a barrier.
Patent Box Claims for Every Innovative Industry
We prepare Patent Box claims for companies in technology, engineering, manufacturing, life sciences, pharmaceuticals, software, and advanced materials. If your business holds qualifying patents, our team can help you unlock the relief.
Why Companies Choose ABM Accountants for Patent Box
Chartered IP Tax Expertise
ICAEW and ACCA qualified with specialist Patent Box experience.
Complex Calculations Handled
Nexus fraction, IP streaming, and profit apportionment managed entirely.
Combined R&D Benefit
Patent Box and R&D relief integrated to maximise savings.
How We Work
Initial Consultation
Set Up and Onboard
Ongoing Support
We provide regular reviews and proactive advice to keep your finances optimised and HMRC-compliant.
Get in Touch Today
Whether you need help with your tax return, payroll, VAT, or business advisory, our qualified UK accountants are ready to provide clear, practical guidance for your specific needs.
Book a Consultation
Fill in the form below and one of our expert accountants will contact you promptly to discuss your accounting and tax requirements.
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Frequently Asked Questions
Here are answers to the Patent Box questions we hear most often. Contact our team for specific guidance.
What is Patent Box relief?
Patent Box is a UK tax incentive that reduces the effective corporation tax rate to 10% on profits derived from qualifying patents. It applies to companies that own or exclusively licence patents and have carried out qualifying development on the patented technology.
Which patents qualify for Patent Box?
Qualifying patents include those granted by the UK Intellectual Property Office, the European Patent Office, and certain other EEA patent offices. Pending patent applications can also be included, with relief applied retrospectively once the patent is granted.
Can I claim Patent Box and R&D relief together?
Yes. Many companies claim both. R&D tax relief rewards the cost of innovation, while Patent Box reduces the tax on the profits that innovation generates. ABM Chartered Accountants prepares both claims together to maximise your total benefit.
How is the Patent Box benefit calculated?
The calculation involves identifying qualifying IP income, applying the nexus fraction to determine how much relates to your own R&D, and then streaming the relevant profits. The additional deduction reduces your effective tax rate on those profits to 10%.
How do I elect into the Patent Box?
You elect into Patent Box through your corporation tax return or by notifying HMRC in writing. The election must be made within two years of the end of the relevant accounting period. ABM Chartered Accountants handles this as part of your claim.
How much do your Patent Box services cost?
Fees depend on the complexity of your patent portfolio and the level of profit involved. We offer transparent pricing and can work on a fixed-fee or contingent-fee basis. Contact ABM Chartered Accountants for a tailored quote.