Market leading insight for tax experts
View online issue

Goodwill and trade-related premises

Speed read

The introduction of an exemption from stamp duty for the disposal of goodwill and other intangibles and the corporation tax intangibles regime in FA 2003 have combined to both create some interesting planning opportunities and technical issues to debate. Leaving aside the basic question as to the scope of the term ‘trade-related premises’, a major issue is the question of valuation and a just and reasonable apportionment. The difficulty is compounded by the lack of a common framework: for CGT and SDLT it is necessary to consider the legal concept of goodwill, based on rather limited jurisprudence. For the intangibles regime, the focus is on the accounting concept.

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, 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 article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.