The Patent Box is a UK government tax relief scheme to incentivise companies to locate their research and development (R&D) activities in the UK.

Under this scheme, UK companies can benefit from a reduced rate of corporation tax (at 10%, rather than the normal current rate of 19%) in relation to profits earned from their patented inventions

In this podcast we discuss how the Patent Box works, who is eligible to join the scheme, how to become eligible, how and when to join, and how to claim the reduced rate of tax.

We also look at a very recent case at the EPO’s Enlarged Board of Appeal, relating to computer simulations, which has major implications for patentability and the development of new products.