As the article rightly states putting a professional services business into VA would not be a very good decision and lead to incredible value destruction.
I don't believe your point on tax relief from the 1H16 non-cash impairments is correct. Impairments of goodwill (which generated the majority of the 1H16 impairment charges) are not tax deductible. If such charges were tax deductible there would have been a significant movement in the deferred tax account balances on the B/S at Dec-15 - there weren't.
SGH Price at posting:
26.5¢ Sentiment: None Disclosure: Not Held