Which of the following would NOT be classified as a chargeable asset regarding disposal of goodwill?

In this context, the classification of goodwill as a chargeable asset is significant when determining tax liabilities upon disposal. Company goodwill, which relates to the intangible value associated with a business—such as brand reputation, customer relationships, and proprietary technology—can be classified as a chargeable asset. This classification allows for the consideration of any associated capital gains tax implications upon its disposal.

Individual's goodwill, goodwill under £100, and goodwill affected by market conditions all present different contexts under which the tangible elements of goodwill are assessed. However, company goodwill is distinctly recognized as a chargeable asset in tax terms, while individual goodwill typically does not hold the same value in tax considerations and may often be excluded from tax calculations. Goodwill valued under £100 does not meet the threshold for consideration as a substantial chargeable asset in most circumstances, and goodwill affected by market conditions may also be subject to different valuation considerations that may not equate to chargeable asset classification in a strict sense.

Therefore, the option indicating that company goodwill does not qualify as a chargeable asset is incorrect due to its established treatment under the relevant tax legislation, thereby leading to the classification that company goodwill typically forms part of chargeable assets relevant for tax implications.