44 Supplies to groups
Value Added Tax Act 1994 (1994 c 23) | Legislation

44  Supplies to groups

(1)     Subject to subsections (2) to (4) below, subsection (5) below applies where—

(a)     a business, or part of a business, carried on by a taxable person is transferred as a going concern to a [person] treated as a member of a group under section 43;

(b)     on the transfer of the business or part, chargeable assets of the business are transferred to the [person]; and

(c)     the transfer of the assets is treated by virtue of section 5(3)(c) as neither a supply of goods nor a supply of services.

(2)     Subsection (5) below shall not apply if the representative member of the group is entitled to credit for the whole of the input tax on supplies

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