Goodwill | AccountingWEB


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