Congratulations to Iain Cooper for winning the Russell IP Mug Caption Competition with his brilliant entry of “INTELLECTUAL PROPER TEA”!
UK Patent Box Tax Relief Explained
By Iain Russell, Patent Attorney and Director at Russell IP – a UK and European Patent Attorney with over 20 years’ experience in patents for technology innovations. Russell IP is regulated by IPReg. What Is The UK Patent Box, And How Can It Save Your Company Tax? Published: July 2026 | Last updated: July 2026 The UK Patent Box is a tax scheme that can reduce the Corporation Tax a company pays on profits from its patented inventions, in some cases to an effective rate of 10%. For a profitable, innovative business, that can be a significant saving – and