Corporate Transactions: VAT on Business Sales, Acquisitions & Mergers

Corporate Transactions: VAT on Business Sales, Acquisitions & Mergers


14 Nov 2024

1:30 PM ‐ 4:30 PM

With a SmartPlan £144

With a Season Ticket £160

Standard price £320

All prices exclude VAT
Intermediate: Requires some prior subject knowledge
3 hours
Group bookings
email us to discuss discounts for 5+ delegates


Buying or selling a business usually involves significant sums of money. Ensuring that suppliers apply the correct VAT liability, and that the receiving business recovers the correct amount of VAT as input tax are vitally important.

In this session, find out why it makes a difference if the transaction involves shares or assets.

  • For vendors: is output tax due?
  • For purchasers: has VAT been charged correctly? if so, is it deductible as input tax?
  • For intermediaries and advisors: exempt financial services? Or not?

What You Will Learn

This live and interactive course will cover the following:

  • Buying and selling a business: asset or share sale?
    • Due diligence questions and tax warranties for buying and selling by way of shares
  • Raising capital
    • Share issues v share sales
    • What are exempt financial services?
    • Specific and open mandates
  • Can I reclaim the VAT charged on costs and fees?
    • Important points for all
    • The position of holding companies
    • The position for VAT groups
  • Transfers of Going Concerns (TOGCs)
    • All the conditions and contract considerations for buyers and sellers
    • Extra steps for TOGCs containing property, or property only TOGCs

International Aspects

  • Selling cross border from the UK- shares and assets
    • Brief rules for the overall considerations
    • Different rules for goods and services
  • The VAT Reverse Charge

Partial exemption and the VAT Capital Goods Scheme

  • A round up of implications for sellers and buyers

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.