Search Results for 'Asset'

If you were to ask most people what their biggest asset is, the chances are they’ll say it’s their home. In some cases, this might be true, but for the vast majority of us our greatest asset is our income.

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With all the current global economic uncertainty the value of gold has reached a new high of $1,800 per ounce. Major economic structures have been shaken and continue to be, with speculation of a ‘double dip’ international recession. The euro prospect looks vulnerable, America’s sovereign rating has been downgraded, the dollar taking a hammering and other major currencies under pressure has led many investors to put substantial parts of their investments into gold, hence driving the price to record levels.

I am considering purchasing a business that I think I can get for a very good price. A significant part of the purchase price relates to the goodwill of the company. I have read recently that tax relief is now available on the acquisition of goodwill. How does this work?