Company/Personal tax query re: Patent income

[roadrunner]

One of our Directors owns Patent Royalties that company pays as a percentage of product sold.He was paid up to July 04 through the company payroll thereby paying PAYE/PRSI - however thecompany was also taxed 20% on Patent Royalty income paid. He is now sending in his returns for this year - is it possible for him to reclaim the Paye/PRSI amount for the year to July 04 because it has been double taxed?

 

[eggnog]

Are you sure that the patent is a Qualifying Patent for Exemption purposes. Also you post suggests that the patent is owned by the company as opposed to the director individually.