Goodwill amortisation allowable ??

Goodwill amortisation allowable ??

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Client has recently paid £200k for a business (nearly all goodwill) and has done this as a partnership with his wife. I understand that this is treated under the old rules and the amortisation is not allowable. If he now incorporated and transferred this goodwill to a limited company would the new limited company then get tax relief for the amortisation?

Many thanks
Henry Neill

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