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HMRC internal manual

Capital Gains Manual

From
HM Revenue & Customs
Updated
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Wasting assets: goodwill

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.