goodwill

Is Goodwill still a good thing?

You may have seen commentary, following the Autumn Statement, on the changes to the treatment of goodwill when a business is incorporated.

These changes will impact on business owners looking to claim Entrepreneurs Relief (“ER”) on the disposal of their business to a company.
Previous position
Prior to the Autumn Statement ER has been available to reduce capital gains tax (“CGT”)payable on gains […]