I am preparing a set of accounts for a small ltd co that have purchased some personalised no plates between Feb 2020 to December 2020.
I have established based on what the no plates are that they aren't really of a personal nature and can therefore be treated as an intangible asset within the accounts.
The no plates have a registration period of 10 years, so should be amortised as such.
I am slightly unsure as to whether CT relief is available on the amortisation?
If someone reading this can offer some input, I'd be most grateful!