AGP (2001) Ltd formerly known as AGP (2001) plc.  BVC 2,350
Decision given on 16 February 2007 by Mr Tildesley OBE (Chairman).
Tax point – Appellant achieved preferred bidder status for Government project – Appellant exited from project supplying name and preferred bidder status to new company in return for consideration – Time of supply – Whether transfer of going concern.
The issues were the liability to VAT of an indemnity payment received by the appellant and determination of the tax point applicable to the payment.