Home   News   Article

Subscribe Now

Explaining the meaning of a TOGC

A TOGC is a transfer of a business as a going concern for VAT purposes.

If a business is sold as a going concern and the relevant conditions are met, VAT can be disregarded from the transaction as it is treated as outside the scope of VAT.

To qualify as a TOGC for VAT, the following needs to apply:

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies - Learn More