Menu

Budget views in blue:10% tax on patent income (companies)

22nd March 2012

Attributable to profits from patents and intellectual property From April 2013). 9.1% of expenditure (before tax) available as a “cheque in the post” from HMRC if it qualies as R&D – even if the company is loss-making.

Excellent ideas – if the aim is to establish the UK as a hub of innovation.