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V3.361 Acquisitions—meaning, identity of the acquirer and the charge to tax

This paragraph examines what an acquisition is and when it is chargeable to VAT in the UK. It covers the following topics:

1. Ìý

   •ÌýÌýÌýÌý an overview of the transitional regime and the concept of acquisitions

2. Ìý

   •ÌýÌýÌýÌý the meaning of acquisition

3. Ìý

   •ÌýÌýÌýÌý the identity of the person making an acquisition

4. Ìý

   •ÌýÌýÌýÌý the place of acquisition (ie when an acquisition takes place in the UK)

5. Ìý

   •ÌýÌýÌýÌý the charge to VAT on acquisitions (including the applicable rate and who is liable for it)

6. Ìý

   •ÌýÌýÌýÌý relief from acquisition tax in certain circumstances

This paragraph should be read in conjunction with the other articles on the subject acquisitions in this Division. In particular it does not cover:

1. Ìý

   •ÌýÌýÌýÌý the valuation of acquisitions (see 'Time of acquisition' at V3.388)

2. Ìý

   •ÌýÌýÌýÌý the tax points of acquisitions (see 'Valuation of acquisitions—general rule' at V3.388)

3. Ìý

   •ÌýÌýÌýÌý simplifications to the normal acquisition