Intellectual Property Know How

Hi,

I have come across an Accountant advising that an amount can be claimed on setting up a company for intellectual property. More specifically "Know How" based on knowledge obtained whilst the director and shareholder was in employment prior to setting up their own company. The value considered looks to be 2/3rds of the salary earned whilst in employment.

The director has never been self employed and therefore has nothing I believe that would attract any goodwill. In my opinion I can not see how a payment by the Company for this "know how" can be justified as a capital payment. Would this be the general consensus or am I missing something?

Thanks