HMRC, in conjunction with the Valuation Office Agency (VOA), has updated its practice note on the apportionment of goodwill and other assets involved in the sale of a business as a going concern, following a discussion process with the Chartered Institute of Taxation (CIOT).
HMRC, in conjunction with the Valuation Office Agency (VOA), has updated its practice note on the apportionment of goodwill and other assets involved in the sale of a business as a going concern, following a discussion process with the Chartered Institute of Taxation (CIOT). Changes from the previous version published in January 2009 include the accounting treatment of goodwill and assumptions and methods around the valuation of tangible assets. According to HMRC, ‘discussions with the CIOT were constructive and helpful, although differences of view on some issues still remain’.
HMRC, in conjunction with the Valuation Office Agency (VOA), has updated its practice note on the apportionment of goodwill and other assets involved in the sale of a business as a going concern, following a discussion process with the Chartered Institute of Taxation (CIOT).
HMRC, in conjunction with the Valuation Office Agency (VOA), has updated its practice note on the apportionment of goodwill and other assets involved in the sale of a business as a going concern, following a discussion process with the Chartered Institute of Taxation (CIOT). Changes from the previous version published in January 2009 include the accounting treatment of goodwill and assumptions and methods around the valuation of tangible assets. According to HMRC, ‘discussions with the CIOT were constructive and helpful, although differences of view on some issues still remain’.
.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")