VAT transfers of a going concern

VAT transfers of a going concern guidance:

1 VAT 1.1 Unless otherwise stated in this Agreement: 1.1.1 all references in this Agreement to the Consideration and any other amounts payable or to be borne by one or...

Precedents

Transfer of a going concern 1 The Seller and the Buyer intend that the sale and transfer of the Property in accordance with the terms of this Agreement will constitute...

Precedents

The conditions for a transfer of a business to be treated as a transfer of a going concern (a TOGC) are set out in Practice Note: VAT—what is a transfer of a business as...

Practice Note

This Practice Note is about the issues that arise on a transfer of a going concern involving land and buildings. A transfer of a going concern (TOGC) has two distinct...

Practice Note

The sale of a 'business' is really a sale of assets bundled together. VAT would therefore be charged on the transfer of each asset in accordance with the normal rules, ie...

Practice Note