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

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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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