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New queries, issue 4483

06 January 2015
Issue: 4483 / Categories: Forum & Feedback

Goodwill Inc; Isle of Man; Protective gear; Cricket catering

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Goodwill Inc

Clarification is required on the recent tax changes to goodwill on incorporation

I must admit to being a little confused on the subject of the recent changes to the tax treatment of goodwill on incorporation as announced in the autumn statement.

As far as I can see it will no longer be possible to gain a tax advantage by transferring the goodwill of a business operated by say a sole trader to a...

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