Value Added Tax Act 1994 section 30

Removal of business assets to be treated as a supply of goods

Section 30 of Schedule 9ZB treats the movement of business assets from Northern Ireland to an EU member state, or between member states and Northern Ireland, as a supply of goods for VAT purposes, even where no transaction or payment is involved.

• Moving business assets from Northern Ireland to an EU member state, or from a member state to another member state or to Northern Ireland, is treated as a supply of goods for VAT purposes.
• This deemed supply applies whether or not the movement is connected with a transaction for payment — the physical removal of the goods is enough to trigger it.
• Several exceptions apply, including movements entirely within Northern Ireland, movements entirely within a single member state, and goods in transit that have not yet incurred customs duty.
• Separate rules apply where goods are moved under call-off stock arrangements, as set out in paragraph 58 of Schedule 9ZA.