The following Tax guidance note provides comprehensive and up to date legal information covering:
For VAT purposes it is necessary to determine:
first, whether a supply has taken place
second whether the supply is of goods or services, and
third, when the supply in question is deemed to take place by the VAT legislation (known as the time of supply rules)
The time of supply rules are relevant to determine:
when VAT needs to be accounted to HMRC, and
the rate at which VAT is charged
For more information on the application of these rules in the specific context of property transactions, see Practice Note: VAT—time of supply of land.
A supply must take the form of either a supply of goods or a supply of services. For further detail on the questions of whether a supply has taken place and whether it is of goods or services, see Practice Note: When does VAT apply?—A supply of goods or a supply of services.
Whether a supply is of goods or services is of primary relevance to determining:
when it is treated as taking place (which is dealt with in this Practice Note), and
where it takes place, for which, see Practice Note: VAT place of supply rules—where is a supply made?
The rules are found in section 6 of the
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