TAX NEWS: Goodwill hunting. By Nichola Ross Martin
A group of pizza franchisees have successfully challenged HMRC's approach on goodwill.
Those familiar with HMRC's views on goodwill for CGT purposes will know that they have adopted an approach in their manuals which is a combination of their own views, largely framed by their own analysis of case authorities over the years.
The case of Balloon Promotions Ltd.