Is Patent Box only for engineering companies?
Patent box is available to any business generating profits from any product or service that includes one patent (or more).
Engineering companies do benefit from the Patent Box, but so do companies in a range of other sectors.
An online business using a patented algorithm to provide a service, like SaaS, and charging a subscription fee, could benefit from significant corporation tax savings on the associated profits.
A UK company that designs, develops, manufactures, patents and sells product in the UK (and overseas) could benefit from corporation tax savings on profits that arise from sales derived from within and outside the U.K.
Any company with profit from a product or service that includes a patent can possibly make Patent Box claims.
Business Intellectual Property from Exalt IP and Claritas Tax
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