Being that customer related intangibles no longer qualify for tax relief from amortisation under any circumstances I wonder if tax relief on purchased goodwill (not from related party) is at least obtained when that goodwill is sold on?
Eg. Limited company buys say 100 customers for £100,000 and immediately sells say 10 customers for £10,000 can the goodwill purchase cost of £10,000 be matched against the sale proceeds? So that in this case there is no gain chargable to corporation tax?
And just to check that this would be a chargable gain under corporation tax and not just a trading receipt?