2min chapter

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Ep 48: Tax Efficient Strategies for M&A and Employee Incentive Schemes with Sarah Gardner [Founder: Allegro Tax]

Buy and Build

CHAPTER

How to Deduct Tax on Goodwill Assets

For tax purposes you can only get an amortization deduction if those criteria are met and where you can, it's 6.5% per year. So yeah, you can still get relief, but only in very very specific circumstances. And I mean, depending on how much that amount is, it's not like 20, 25% depreciation often is. Yeah, so you have to factor that in in terms of tax cash flows,. That would be quite a different position.

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