ForrestBrown promotes Patent Box specialist to associate director

ForrestBrown has announced the promotion of Angela Banerjee ATT to associate director in recognition of her role in successfully developing a Patent Box relief service for clients.

After joining ForrestBrown’s Scotland office as a senior tax manager in 2022, Banaerjee has helped innovative businesses across the UK benefit from Patent Box relief.

The Patent Box regime encourages companies to commercialise their intellectual property by providing a reduction in Corporation Tax on profits earned from patented inventions.

Banerjee’s promotion signals ForrestBrown’s continued commitment to growing its presence in Scotland, where she forms part of a team of tax specialists.

In addition, the company is currently recruiting for business development roles based out of its office in Glasgow.

Sara Brigden, managing director at ForrestBrown, said: “Since joining ForrestBrown, Angela has been a passionate advocate for Patent Box, cutting through perceptions of complexity to make it accessible to more innovative businesses. She’s played a key role in shaping our approach to this valuable innovation incentive, building on our strong track record delivering R&D tax relief benefits for our clients.”

Banerjee added: “It’s been exciting to be part of the Patent Box team at a time when ForrestBrown is extending its services across the wider innovation toolkit, including government grants and capital allowances. Patent Box remains an untapped opportunity for many businesses and we’re well placed to help them access this valuable tax saving.”