Patent Box — 10% Corporation Tax Rate on IP Profits
Offers United Kingdom innovation firms an improved tax route on qualifying intellectual property income.
Patent Box is an HMRC elective scheme that reduces the Corporation Tax rate on profits derived from qualifying patents to 10%, compared with the 25% main rate in force since 2023. Companies do not apply to HMRC for approval; instead, they elect into the scheme on their Corporation Tax computation or in a separate written election submitted within two years of the end of the relevant accounting per…
Profits from exploiting qualifying patents (UK IPO, EPO, and 13 named EEA national offices). Also covers qualifying medicinal/botanic innovation rights.
Sign up free to see the funding breakdown
Sign up free to see the industries in scope
Sign up free to see the full eligibility
Sign up free to see what you submit
Sign up free to see the timeline
Guides for this application
All guides →Grants for Biotech Startups: NIH, NSF, SBIR/STTR, and Non-Dilutive Funding
A practical guide to grants for biotech startups, including NIH SBIR/STTR, NSF, translational funding, evidence, regulatory readiness, and budgets.
Where to applyGrants for Robotics Startups: SBIR, Defense, NSF, and Pilot Funding
A practical guide to grants for robotics startups, including SBIR/STTR, NSF, DoD, NASA, field validation, TRL, pilot evidence, budgets, and commercialization strategy.
DocumentsGrant Work Plan Template: Work Packages, Gantt, Milestones, and Risks
Use this grant work plan template to structure work packages, tasks, owners, deliverables, Gantt timing, dependencies, and risk registers.
More from HMRC
All grants from this funder →Enhanced R&D Intensive Support (ERIS) — Scheme
🇬🇧HMRC · United Kingdom
Provides enhanced tax relief for loss-making United Kingdom companies with intensive innovation spending.
Enterprise Investment Scheme (EIS) — Company Certification
🇬🇧HMRC · United Kingdom
Offers United Kingdom startups with certification support tied to investor incentive access for high growth innovation.
R&D Tax Relief — Merged RDEC (Scheme)
🇬🇧HMRC · United Kingdom
Administers United Kingdom tax-research support claims through HMRC filing workflows connected to corporate innovation activity.
Seed Enterprise Investment Scheme (SEIS) — Company Certification
🇬🇧HMRC · United Kingdom
Offers United Kingdom start-up founders investment support through certified tax relief for early innovation and development.
Similar grants
Browse the directory →
R&D Tax Incentive Programme (Section 11D)
🇿🇦DSTI · South Africa
Offers South African companies an enhanced deduction for qualifying innovation spending through the innovation tax regime.
BOI General Investment Promotion
🇹🇭BOI Thailand · Thailand
Funds foreign and domestic investment projects in Thailand through promotional incentives.
Iowa R&D Tax Credit Program
🇺🇸IEDA · United States
Offers Iowa companies annual tax credits for qualified innovation and technical development activities under a certified program.
UKRI Translation: MRC Proof of Concept: stage one
🇬🇧MRC · United Kingdom
Funding for academic-led development of novel health interventions.
R&D&i Tax Deduction (Deducción I+D+i)
🇪🇸AEAT · Spain
Offers Spain based companies tax deduction support that reduces costs for technology and innovation projects.
BOI Eastern Economic Corridor (EEC) Promotion
🇹🇭BOI Thailand · Thailand
Offers tax incentive extensions in Thailand's Eastern Economic Corridor for qualifying investors expanding activity there.