VALUE OF GOODWILL
I am a S/E bookkeeper and I am looking to form a Ltd at my next Y/E. After 4 years trading (£35k+) income P/A I think that it is justifiable to charge the Ltd a value for goodwill.
I realise that this might lead to a CGT liability for me, which I am "happy" to pay.
Can any one give me some ideas on how to value the goodwill, (ave income, net profit etc)
Thanks in advance.