What is the goodwill? Definition of goodwill Goodwill is the difference between the value of a business as a whole, and the value of its assets taken individually. Example of goodwill: If someone bought your business, the...

This notice explains whether the transfer of a business should be treated as a ‘transfer of a business as a going concern’ (TOGC) for VAT purposes Normally the sale of the assets of a VAT-registered business, or a bus...

You may be entitled to claim other types of capital allowances depending on the cost, type of asset, and qualifying conditions, such as: 100% allowance for energy saving equipment and new cars bought on or after 1 April 2...