Patent owners to recover £1.1bn in tax relief, HMRC reveals

30-09-2020

Muireann Bolger

Patent owners to recover £1.1bn in tax relief, HMRC reveals

Nokuro / Shutterstock.com

UK patent owners are on track to recover £1.13 billion ($1.4 billion) in tax relief from patents for the year 2018-2019, an increase of £29 million compared to the previous year, according to new figures released today by HM Revenue and Customs (HMRC).


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