Hi, I incorporated about 3 years ago and have just filed my latest set of accounts to Companies House. My company purchased goodwill of myself (sole trader) and I paid 10% on the sale of the business. I have been writing off the goodwill amortisation over a 5 year period in my company account.
My query is, now that the laws have changed since the 3rd December I understand that this loophole is now closed but can I continue writing off my goodwill in my CT tax return considering I incorporated years ago? My goodwill is worth £42,000 per year, a big saving on my my CT bill and I would rather not lose it if possible.