TAXguide 0519 Intangible fixed assets and corporate tax deductibility
In TAXguide 05/19 Andrew Tall explains the different ways that a revenue deduction can be claimed for ‘typical’ intangible fixed assets used by a company in a taxable business, as introduced in Finance Act 2019 under chapters 3 and 15, Pt 8, Corporation Tax Act 2009.
|Pre-2002 regime||Applies to ITFA created/acquired pre-April 2002|
|ITFA regime||Applies to ITFA created/acquired post-April 2002 except for excluded ITFA|
|Relevant assets under s816A||Applies to internally generated goodwill acquired on/after 3 December 2014 and all goodwill and customer related ITFA acquired after 8 July 2015 and before 1 April 2019|