PracticeConsultingPre-Budget statement: Brown announces goodwill relief

Pre-Budget statement: Brown announces goodwill relief

Gordon Brown has announced he will offer relief on goodwill and intellectual property as part of his pre budget report today.

He said the measure would build on his cut in corporation tax from 33 to 30 per cent.

Consultation on the possibility of relief has been underway for some time and many experts believe relief on goodwill will make a dramatic change to company acquisition.

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