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Search results: 3 article(s) found in topic: Capital goods scheme - keyword: Private use

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CAPITAL GOODS SCHEME

Getting the VAT right when disposing of capital items

You are probably used to accounting for VAT on your sales, but you may have to consider the capital goods scheme rules. What is the adjustment period for commercial property, and what happens if you sell an item before it ends? More...

CAPITAL GOODS SCHEME

Don’t forget the other annual adjustment!

CAPITAL GOODS SCHEME

Adjusting VAT recovery on assets

If your business has exempt or non-business income, you are required to make an annual calculation to see if you need to adjust the amount of VAT recovered on capital goods - how does it work? More...
Last updated: 18.12.2018

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