HMRC Updates VAT Notice 700/9: Guidelines for Business Transfer as a Going Concern

• HMRC updated VAT Notice 700/9 regarding the transfer of a business as a going concern
• Guidance on when and how to account for VAT during a business transfer
• Section 10 update requires form VAT68 for VAT registration transfer between seller and buyer

Source: claritaxnews.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.