Franchise Tax: What You Need to Know Famous Einstein once share his thought about tax filing and say, ‘it is difficult for a mathematician. Probably it takes a philosopher to answer that’. Though he is not a franchisee, it is still surprising to see that many franchising folks are caught up with his idea and …
Tax issues when selling a franchise Special Commissioners decision changes view on Franchises Goodwill In 1996, 32 Pizza Express franchisees sold their businesses back to the franchisor Pizza Express. Two of these businesses claimed capital gains tax rollover relief in respect of the gain on goodwill under TCGA 1992, s. 152. The claim was subsequently …
“Investing in a franchise? Consider a British Franchise Association Accountant!” If you are looking to invest in a franchise it is important that you have the right team behind you. Your choice of accountant will affect your franchise business from day one. Your chances of being successful can depend on the advice, knowledge and level …