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Land and buildings—is the supply a supply of goods or a supply of services?

Depending on the facts, a transaction involving land or a building may be:

1. Ìý

   •ÌýÌýÌýÌý a supply of goods

2. Ìý

   •ÌýÌýÌýÌý a supply of services

3. Ìý

   •ÌýÌýÌýÌý treated as neither a supply of goods nor a supply of services

When is a transaction involving land or a building treated as neither a supply of goods nor a supply of services?

Subject to certain conditions being met, a transaction involving land or buildings may be treated as neither a supply of goods nor a supply of services if the transaction consists of the transfer of a business as a going concern. For commentary in relation to the VAT treatment of the transfer of a business as a going concern, see V2.226). For commentary regarding other transactions involving land or buildings that are outside the scope of VAT, see V4.110Q.

When is a transaction involving land