Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Soccer scenarios

06 June 2012 / Heather Miller
Issue: 4356 / Categories: Comment & Analysis , Capital Gains
Whether you’re buying or selling a company, HEATHER MILLER has a game plan to ensure your team comes out on top

KEY POINTS

  • Practical example of trading company and accounts.
  • What is a disposal of business assets?
  • A trading company and the meaning of substantial.
  • The tax effects of goodwill and losses brought forward.
  • Holding companies and substantial shareholdings.

I think I should warn those readers who saw the pictures of the footballers on this week's cover of Taxation and expected a gloriously witty tax article that uses the current state of the England team as an analogy for buying and selling a business: you’re going to be a bit disappointed. You see I know nothing about football.

Less than nothing in fact as the information I can offer would probably put me into a ‘negative points’ situation with any ardent follower of the beautiful game.

I can name a...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
back to top icon