The goodwill of a business is typically considered to be its good reputation, which could be such that it has a value that can be considered an asset.
Alternatively, goodwill is sometimes expressed as any assets a company has outside of tangible and intangible assets.
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Self Assessment and Making Tax Digital: What MTD for Income Tax means for sole traders
Get the lowdown on how Making Tax Digital will change the way sole traders submit tax returns, and what that means for Self Assessment.
