HCL Equipment Ltd v Revenue and Customs: VDT 3 Aug 2005

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:

Bailii

Jurisdiction:

England and Wales

VAT

Updated: 30 May 2022; Ref: scu.230190