goodwill on incorporation | AccountingWEB

goodwill on incorporation

If a trader decides to incorporate can he claim incorporation relief on any goodwill he sells to the company?  Presumably he would have to get the business valued.

I know you can claim incorporation relief on purchased goodwill, but if the goodwill was not purchased, but generated by the trader, is it possible to have this valued, and claim incorporation relief then leave it on the DLA?

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You can't...

George Attazder |
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Paul Scholes |
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I don't see why you can't

stevo5678 |

Yes Steve but....

Paul Scholes |
Paul Scholes's picture

When using incorporation

Shamus99 |

Calculating goodwill for incorporation relief

pbr0306 |
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