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Official guidance
Capital Gains Manual

CG76700P · Chattels and other assets: chattels and wasting assets: wasting assets

  • CG76700 · Wasting assets
  • CG76706 · Wasting assets: special rules
  • CG76721 · Wasting assets: chattels: CGT exemption
  • CG76722 · Wasting assets: use in another person's business
  • CG76723 · Wasting assets: copyright
  • CG76724 · Wasting assets: franchises and licences
  • CG76725 · Wasting assets: goodwill
  • CG76730 · Wasting assets: leases
  • CG76744 · Wasting assets: settled property
  • CG76745 · Wasting assets: share warrants and other options
  • CG76746 · Wasting assets: trademarks
  • CG76772 · Wasting assets: computation: allowable acquisition cost
  • CG76775 · Wasting assets: computation: using the formula T(1)/L
  • CG76777 · Wasting assets: computation: allowable enhancement expenditure
  • CG76780 · Wasting assets: computation: using the T(2) formula
  • CG76791 · Wasting assets: computation: example 1 using T(1)/L
  • CG76792 · Wasting assets: computation: example 2: using the T(2) formula
  1. Chattels and other assets: chattels and wasting assets: wasting assets: contents
  2. Wasting assets: goodwill

CG76725 | Wasting assets: goodwill

From HM Revenue & Customs · Capital Gains Manual

TCGA92/S44

The goodwill of a business will last for as long as the business continues. Unless, therefore, it was clear when a business started that it would cease trading completely within fifty years or less, goodwill should not be treated as a wasting asset.

CG68000+ tell you more about goodwill.

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