When is VAT charged on goods?

Overview

This section explains:

• what a supply of goods is
• the place of supply rules for goods
• what happens when a business changes goods to a private or exempt use
• when gifts, advertising goods, samples and replacements are taxable or not taxable
• what happens when premise owners provide premises to non-established traders or promoters
• when a supply of goods is not taxable.

What are goods for VAT purposes?

Goods are all movable and immovable objects - new and used.

The term 'goods' includes:

• electricity
• gas
• and
• any form of power, heat, refrigeration or ventilation.

Goods do not include 'things in action' or money.

Next: What is a supply of goods?