In April 2013 the UK Government rolled out new legislation enabling companies to opt into a scheme in order to apply a lower rate of tax to profits derived from patented inventions and certain other medicinal or botanical innovations. Rhian Osborne at greenaway Scott explains how through the ‘Patent Box’ regime, companies can now reduce the corporation tax payable in relation to profits generated from the patented products.
 
http://jforcs.com/jcs/wp-content/uploads/2013/08/1-Making-the-Most-of-Patent-Box-Tax-Relief.pdf