Relief to traders
The corporate tax treatment of intangible assets, including patents, acquired or created on or after 1 April 2002 is set out in the corporate intangible regime as detailed in Division D1.6.
For the income tax deduction allowable for expenses in obtaining the grant of a patent or the extension of a patent's term or the registration, renewal or extension of a design or trade mark, see B2.456.
Relief to non-traders—patent income
A non-trader is entitled to relief against patent income for the following expenses if they would have been deductible if they had been incurred for the purposes of
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