Details.
IP Box, or Patent Box, provides a preferential corporate tax rate of 10% instead of 25% on income from patented R&D assets sold, assigned or sub-licensed. The scheme is optional and requires an appendix attached to the income tax return and a supporting file describing the R&D work involved in designing each asset, the relevant R&D expenditure and the Nexus ratio. The service includes identification of eligible assets, assessment of eligible income, financial analysis of R&D expenditure and the Nexus ratio, and compilation of the technical supporting file.
