thomas
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Goodwill

Goodwill

My client is buying a business, £10k assets, £50k goodwill.

In practise are there any 'workarounds' for the tax relief on the goodwill?

We can be generous with the asset valuations and bump that up a little, but we are still going to be left with a sizeable chunk of goodwill.

Is the only answer to incorporate?

Would appreciate your thoughts

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