Could someone advise me on the following questions,
1. A partnership bought a business in 2000 and paid goodwill. The partners want to incorporate now and transfer the business only to the new company and not the premises and want to claim amortisation againt the ct. can they do it?
iftikhar
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Any Answers
You will get a much better response and more help if you place your question in Any Answers, rather than in a blog!
Goodwill amortisation
Could someone advise me on the following questions,
1. A partnership bought a business in 2000 and paid goodwill. The partners want to incorporate now and transfer the business only to the new company and not the premises and want to claim amortisation againt the ct. can they do it?
iftikhar
What is going on here?
You've now asked this question four times - twice in this thread alone!
Not to mention the fact that your original question has already been answered.
https://www.accountingweb.co.uk/anyanswers/question/goodwill-amortisation