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FTT considers VAT treatment of transfer of property (Haymarket Media v HMRC)

Published on: 08 June 2022
Published by: LexisNexis
  • FTT considers VAT treatment of transfer of property (Haymarket Media v HMRC)
  • Why it matters
  • Case details

Article summary

Tax analysis: In Haymarket Media, the First-tier Tax Tribunal (FTT) found that the sale of a property was not a transfer of a going concern (TOGC) for VAT purposes, because on a true analysis of the transaction, there was not a transfer of a property development business, nor of a property lettings business. or take a trial to read the full analysis.

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