Hi,
Is it correct that if you purchase a business as an ongoing\running concern that you do not pay the VAT?
Additionally, what happens in a transaction of this nature if there are assets also? E.g. fridges, desks, computers, etc...
Hi,
Is it correct that if you purchase a business as an ongoing\running concern that you do not pay the VAT?
Additionally, what happens in a transaction of this nature if there are assets also? E.g. fridges, desks, computers, etc...
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