VATSC10110 | Supply: Whether supplies are goods or services: Introduction

From HM Revenue & Customs · VAT Supply and Consideration

Establishing that either a transfer of title or a transfer of possession has taken place will determine whether the supply is of goods or services, as follows:

Where title is to pass immediately the supply is of goods. (See VATSC10120).
Where an undivided share of title in goods, that is a part-share in something that is indivisible, like a racehorse, is passed, the supply is of services. (See VATSC10140).
The transfer of possession only (for example hire) is a supply of services. (See VATSC10150).
The transfer of possession with an intention to transfer title at a future date is a supply of goods. (VATSC10160).