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HMRC internal manual

VAT Registration

HM Revenue & Customs
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Transfers of going concerns (TOGCs): reallocation of VAT registration number (VAT 68 action): accounting for tax

Regulation 6(3) provides that the transferee is responsible for

  • rendering the VAT return which covers the period of transfer (and, of course, any subsequent returns) and
  • accounting for all the tax liability of the transferor for their period of trading including any deemed supply of assets retained by them.

The transferee also assumes responsibility for any outstanding returns due from the transferor.

If any assets transferred fall within the Capital Goods Scheme, please see the relevant section in PE. (External users can access the PE manual at