V3.211 Transfer or disposition of goods
The charge to tax under the deeming provisions
A supply of goods is deemed to be made if:
- Ìý
(1)ÌýÌýÌýÌý goods forming part of the assets of a business are transferred or disposed of so as no longer to form part of those assets1
- Ìý
(2)ÌýÌýÌýÌý a grant or assignment is made of any interest in, right over or licence to occupy land forming part of the assets of a business so that it no longer forms part of those assets2
- Ìý
(3)ÌýÌýÌýÌý from 1 January 2020 (but before IP completion day), a 'relevant event' occured in relation to a movement of call-off stock (see V3.213A) within 12 months of the arrival of the goods, or the goods are not transferred to the customer and no relevant event takes place within that period3
However, a grant or assignment only falls within head (2) above if it is4:
- Ìý
•ÌýÌýÌýÌý the grant/assignment of a major interest, or
- Ìý
•
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Web page updated on 17 Mar 2025 15:19