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HMRC internal manual

VAT Transfer of a going concern

HM Revenue & Customs
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Transfers and VAT Groups: how section 44 works

The group acquiring the assets must treat the transfer as both a supply to the group and a supply by the group. In practice therefore they must account for output tax on the assets being acquired with the input tax recoverable according to the partial exemption method in operation. The input tax is not attributable to the self-supply.