Policy paper

Revenue and Customs Brief 11 (2016): VAT and the transfer of a going concern

This brief sets out the HM Revenue and Customs position following the judgment of the Upper Tribunal in the case of Intelligent Managed Services Limited and also clarifies the situation where a business is transferred to a person without an establishment in the UK.

Documents

Details

This brief is for taxable persons transferring all or part of their business into a VAT group, members of VAT groups acquiring or disposing of businesses and those involved in the transfer of a business to a person not established in the UK.

Published 24 June 2016