Commentary

BB/9B/05 VAT—Transfer of Going Concern (TOGC)—UK implementation of the European Court of Justice (ECJ) judgment in the case of Zita Modes Sarl

Part V16 Forms and other HMRC material

BB/9B/05 VAT—Transfer of Going Concern (TOGC)—UK implementation of the European Court of Justice (ECJ) judgment in the case of Zita Modes Sarl

BB/9B/05 VAT—Transfer of Going Concern (TOGC)—UK implementation of the European Court of Justice (ECJ) judgment in the case of Zita Modes Sarl

Business Brief, Issue 9. 4 April 2005

This Business Brief article explains Customs' position following the ECJ judgment of 27 November 2003 in the case of Zita Modes Sarl v Administration de l'enregistrement et des domains (C-497/01) (Zita Modes) (Part V11).

Background

The Transfer of a Going Concern (TOGC) rules are intended to simplify accounting for VAT when a business changes hands. They relieve the buyer of a business from the burden of funding any VAT on the purchase. Removing a

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