Commentary

V2.189 Liability to register for persons disposing of assets (anti-avoidance)

Part V2 Registration – deregistration

V2.189 Liability to register for persons disposing of assets (anti-avoidance)

Registration—disposals of assets

V2.189 Liability to register for persons disposing of assets (anti-avoidance)

The provisions of VATA 1994, Sch 3A, described below, are designed to counter a perceived VAT avoidance scheme. Briefly, the scheme took advantage of the fact that the disposal of the assets of a business are disregarded when calculating the level of taxable supplies for the purpose of determining whether there is a liability to register for VAT under VATA 1994, Sch 11. As a result a person not established in the UK could purchase assets in the UK, obtain a refund of VAT under the

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