HMRC has published a practice note (PDF 79K) on goodwill, which includes any goodwill that may be attributed to property as opposed to goodwill attaching to a business or trade.
The principles outlined in the note will be used for the purpose of determining whether any part of the consideration for a property transaction can properly be ascribed to goodwill. If there are any questions that remain unanswered after you have read the practice note please write, giving full details of your enquiry, to Birmingham Stamp Office.
Our published guidance will be reviewed to ensure that it reflects this practice
and will be amended if appropriate; and will also be updated to deal with
any common issues that arise.
