There have been some recent changes to R&D Tax Credit and Patent Box, how will these affect your business?
Innovation Incentive Schemes explained by Claritas Tax. Innovation incentives are designed to support innovative and high growth companies. R&D Tax Credits and Patent Box are t
Can I still claim on Patent Box if my patents aren’t granted yet?
Can I still claim on Patent Box if my patents aren’t granted yet? You can still claim for the time between patent application and grant Once the patent is granted you can make a
Why R&D tax cuts hit SMEs hardest?
How will this hurt the tech sector and innovation? The UK government seeks £4.5 bn in savings from R&D tax credit cuts by targeting SMEs and start-ups. The Autumn statement us
Patent box vs R&D tax credits
Can you claim patent box on the same thing as you have claimed R&D tax credits on ? Yes. Actually you must have carried out R&D on the patented item to be able to claim pat
Is Patent Box only for engineering companies?
Engineering companies do benefit from the Patent Box, but so do companies in a range of other sectors.
Breaking news…..Patent Box could save you 60% on corporation tax.
In the UK if you have a patent on a product that is successful in the market place you might be able to reduce your corporation tax by 60%
How much do small businesses spend on R&D?
R&D in smaller businesses is 60 % greater than predicted
Psst…..Patent Box could save you 47% on corporation tax. Want to know how?
In the UK if you have a patent on a product that is successful in the market place you might be able to reduce your corporation tax by nearly 50%
Are there any financial benefits available for innovation?
In the UK if you have a patent on a product that is successful in the market place you might be able to reduce your corporation tax by nearly 50%.