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Jitendra Patel is a Tax Principal in BDO’s professional services team. A specialist in corporate and partnership tax matters, he advises businesses on both UK and international tax issues, as well as partner and senior executive tax matters. Jitendra is Vice Chair of the CIOT’s Owner-Managed Business Technical Committee.

An intangible problem

It has been almost 20 years since the introduction of the intangible fixed assets (IFA) regime (Corporation Tax Act (CTA...