BIM45950 - Specific deductions: patents & royalties: contents

This chapter contains the following:

BIM45951Costs of obtaining or extending patent rights
BIM45955Expenditure on acquisition of know how
BIM45960Costs of registering, or extending the life of, trade marks and designs
BIM45965Payment of royalties etc.

If you are examining the tax position of a company, you need to be aware of the intangible assets regime (see BIM35500 onwards), and consider its possible implications, as this will take precedence over the guidance in this chapter.