'transfer of a totality of assets or part thereof'

Disposal of minority shareholding in company

Generally

Stock and fittings of retail outlet

Absence of taxable supplies

Annual accounting scheme

Appeal against First-tier Tribunal decision

Assets

Business transferred not a going concern

Generally

Part transfer

Sale of stock

Supply part of series of transactions

Assets used in same kind of business

Attribution of input tax

Bad debt relief

Buyer without registration number

Capital goods scheme

Adjustments by transferee

Business transferred into a group

Declaring adjustments

End of interval

Final adjustment by transferee

Generally

Carrying on of activities without interruption

Cars, stock in trade

Cash accounting scheme

Checklist

Completed residential/charitable use development transferred as going concern

Conditions

Consideration

Continuation of previous business

Credit notes

De-registration

Goods-on-hand, output tax liability

Input tax recovery

Different kinds of business, official examples

Effects of

Escrow accounts

Flowchart

Future free supply of goods or services

Generally

Gift, interaction of taxes

Goodwill

Gradual takeover

Group acquisitions

Input tax

Assessment issued to recover, validity

Attribution

Attribution, acquisition by bank of leasing companies

Claims

Costs attributable to transfer of totality of assets or part thereof

Generally

Original business insolvent

Purchase of quarries

Sale of stock

Sale of workshop equipment and assignment of lease

Insolvency

Insolvent persons

Insurance business – 'overage' agreement

Insurance business – overage agreement

Intrastats, completion

Irrelevant matters

Land and buildings

Auction: option to tax and relevant date

Housing association not carrying on district council's business

Interaction of law on TOGCs and VAT groups

New or opted buildings

Option to tax

Property rental business

Reclaiming VAT

Sale and leaseback by buyer

Stamp duty land tax

Transfer of land to nominee beneficial owner

Lease surrenders and TOGCs: not use the same asset

Lennartz accounting

Main purpose of special treatment

Meaning of going concern: put in possession of a going concern, activities of which could be carried on without interruption

No VAT due

No-supply rule

Non-going concerns

Option to tax

Generally

Notification

Output tax

Outsourcing

Outsourcing of bank's cheque clearing functions

Part of business

Generally

Sale of assets

Partially-exempt groups of companies

Payments received for non-supplies

Planning

Property

Assets and premises reverted to landlord on ending tenancy: no transfer but reversion for no consideration

Generally

Miscellaneous examples

Sales

Subsales

Summary

Tenant in same VAT group of seller or buyer

Tenant not yet in occupation

Transfer during rent-free period

VAT groups

Property rental business

Generally

Incorrect analysis of transaction

Notification by transferee

Rulings

Surrenders, new leases and sales and leasebacks

Taxable persons

Public houses

Repossession followed by new tenant in pub

Sale of another type of beer

Tenanted, sale by property investor to brewery

Purchase by partly exempt group

Recipient's potential or actual use

Reclaiming VAT

Costs linked to transfer if fully taxable

Generally

Records

Generally

Retention

Registration

Buyer without registration number

Calculation of turnover

Case law on taking over registration number

Effective date

Failure to notify

Generally

Input tax disallowed

Liability

Sole trader, transfer to company

Transfer of number

Turnover before transfer may affect buyer's liability to register

Turnover calculation

Retail scheme B

Food stores

Goods acquired

Retail scheme B1

Right to acquire and import stock

Right to repayment of overpaid VAT

Rulings

Sale of equipment and stock

Sale of freehold property with an agreement for a tenancy

Tenant introduced by purchaser

Sale of intellectual property

Sale of land

Local authority

Phased property development

Sale of business before taxable supplies made

Sale of property

Mixed development

To or by owner-occupier

With benefit of prospective tenancy

Sale of shares v sale of business assets

Same kind of business

Second-hand goods scheme

Acquisition of cars

Calculation of margin

Generally

Self-supplies, VAT groups

Generally

No self-supply

Time of supply

Value of supply

Separate operation of part of business

Central services provided by vendor

External resources

Generally

Letting activity

Series of immediately consecutive transfers

Short gap in trading before or after alleged transfer

Short-term arrangement

Solicitors

Generally

Special provision

Stamp duty land tax

Stock, fixtures and fittings

Subsale

Time limit for notifying liability to register

Transfer of registration number

Advice

Bad debts

Capital goods scheme

Case law

Cash accounting

Conditions

Effect of

Generally

Preservation of records

Transfer of registration number and transferor's liabilities

Transferee not a 'taxable person'

Transferor's accountability for transferee's VAT

Turnover before transfer may affect buyer's liability to register

VAT groups

Generally

Input tax on transaction costs

Self-supply to exempt VAT group

Tenant in same VAT group of seller or buyer

VAT incorrectly charged

Winding down of firm of solicitors