AMORTISATION OF GOODWILL

摘要

In Blenheims Estate and Asset Management Ltd v HMRC [2013] UKFTT 290 (TC), the FTT considered the availability of a deduction for amortisation and impairment charges relating to goodwill. HMRC argued that the company acquired the goodwill from a company that was a 'related party' at the time of the acquisition and accordingly, paragraph 118(1)(b) of Schedule 29 to the Finance Act (FA) 2002 prevented the company from claiming a deduction.