IFA reliefs
In this short lesson, you'll learn how intangible fixed asset reliefs work within groups—and you'll discover they follow the same principles as tangible assets, with one key difference.
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In this lesson
- 0:00 Intangible fixed asset reliefs overview
- 0:18 Transfer within groups at tax written down value
- 0:46 Degrouping charge on intangible assets
- 1:57 Rollover relief for intangible fixed assets
About this lesson
You'll explore how intangibles transfer at tax written down value (not cost plus indexation), how degrouping charges apply when a company leaves the group, and how rollover relief allows profits on disposal to be reinvested in another intangible asset. This is essential knowledge for the Taxation papers, particularly when dealing with group relief scenarios and capital allowances on intangible assets.
Duration: 2m
Transcript
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