Capital allowances for goodwill
- Article ID
- ias-12108
- Article Name
- Capital allowances for goodwill
- Created Date
- 13th October 2015
- Product
- IRIS Business Tax
- Problem
- How do I enter goodwill as a capital allowance?
- Resolution
- Users are required to: 1. From the Edit menu, select Capital Allowances, Option A – Maintain Assets. 2. Select Insert Asset. 3. Use the spy glass next to ‘Asset category’ to select ‘503 Patents and licences’, enter Goodwill as the description. 4. Complete the other appropriate fields, click OK, Click Close.
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