We have introduced IP Harvest – a fixed-fee service that answers the question “Does my business have something worth patenting?” We don’t try to harvest the whole field. We are looking for a single blade of grass – that single, patentable idea that helps our clients to access Patent Box and save thousands of pounds of corporation tax, year after year.
We are not lawyers or theorists, but business people first who want to get to value clearly and quickly – our services start with R&D tax relief and we know how to turn a potential gem into a significant tax benefit.
IP Harvest is a unique service, introduced by GovGrant to quickly and simply access whether our clients have something that is worth patenting. We focus on the commercial benefit of finding a single patentable idea so that our clients can access Patent Box in order to save thousands of pounds of corporation tax.
IP Harvest from GovGrant delivers key benefits to our clients.
If your IP Harvest suggests that you have the potential to patent your IP to access the Patent Box scheme, then you have the potential to reduce your corporation tax to 10% for profits relating to patented income. You don’t need the whole product to be patented. Even if a minor element is patented then you can qualify with 100% of a company’s worldwide profits from that product qualifying for 10% corporation tax
Our IP services, including Patent Box, are closely linked with R&D tax relief and a company can often claim tax relief under both schemes. GovGrant can offer you advice to maximise your claims across both schemes. Find out more about our R&D tax relief services.