Tax update spring 2025: simplification, administration and reform ...
Apr 28, 2025 · The government will simplify the Capital Goods Scheme by introducing the removal of computers from the assets covered by the scheme and increasing the capital …
Upcoming changes to the capital goods scheme and what they …
Aug 20, 2025 · It is currently anticipated that the changes will come into force on 1st April 2026. Communicate changes to stakeholders: Ensure finance teams and clients are aware of the …
Simplification of the VAT Capital Goods Scheme
May 19, 2025 · The UK government has introduced simplification measures to the VAT Capital Goods Scheme (CGS), aiming to reduce administrative burdens for businesses. Key Changes …
Capital Goods Scheme and VAT: What’s Changing? - blog.shorts.uk…
Jul 1, 2025 · Discover the latest changes to the UK's Capital Goods Scheme and their impact on VAT adjustments in our guide for businesses.
Changes to the Capital Goods Scheme (CGS) - Michelmores
Jun 24, 2025 · What are the changes? The Government has sought to simplify the CGS by announcing the removal of computers from the assets covered by the scheme (which …
Changes to the VAT Capital Goods Scheme | Kreston Reeves
Apr 30, 2025 · Computers, aircraft and boats were added in 2011 which are looked at over 5 years. The CGS adjusts for both exempt as well as non-business use. Refurbishment, fit-out, …
Government Announces Changes to Capital Goods Scheme for …
May 13, 2025 · Proposed removal of computers and computer equipment from CGS. Proposed increase in VAT threshold for capital expenditure on land, buildings, or civil engineering works …
Simplification of the VAT Capital Goods Scheme - TLA Services
May 19, 2025 · The UK government has introduced simplification measures to the VAT Capital Goods Scheme (CGS), aiming to reduce administrative burdens for businesses. Key Changes …
Capital Goods Scheme (VAT Notice 706/2) - GOV.UK
Oct 19, 2011 · Find out how the VAT Capital Goods Scheme (CGS) works, the items covered by the scheme, the rules and how adjustments and disposals are affected.
Changes to the Capital Goods Scheme - M+A Partners
Computers and computer equipment are due to be removed from the qualifying assets covered by the scheme during this Parliament. The other notable change is an increase in the capital …