VALUE ADDED TAX – takeover of a going concern – sale of plant and machinery by one company to another – vendor company predominantly engaged in hire of plant alone – purchaser company predominantly engaged in hiring plant with drivers – VAT (Special Provisions) Order 1995, art 5 – whether takeover of a going concern – yes – appeal dismissed
Citations:
[2005] UKVAT V19222
Links:
Jurisdiction:
England and Wales
VAT
Updated: 30 May 2022; Ref: scu.230190