Guidance
Apportion the price paid for a business transferred as a going concern
How to apportion the price paid for a business that has been transferred as a going concern.
Documents
Details
You may need to work out the apportion price paid for a business as a going concern between the underlying assets for tax purposes to calculate the:
- capital gain arising on the disposal of the separate assets
- Stamp Duty Land Tax due on the interest in the land and buildings only
- allowance available under the Capital Allowances Act 2001 (such as machinery and plant allowances)
You may also need to consider the acquisition value of goodwill for the purpose of Part 8 of the Corporation Tax Act 2009.
Use this guide to find out how.