VATSM3340 - Supply and acquisition: acquisition: accounting for acquisition VAT

Under section 1(3) of the VAT Act 1994 (see VATSM3315) the person who acquires the goods is responsible for accounting for the acquisition VAT. See also VATSM3350 for details of the arrangements that can apply in the event of an acquirer finding themselves liable to account for VAT on the same delivery of goods in more than one Member State.