VAT Notice 706/2: Capital Goods Scheme

This notice explains how the Capital Goods Scheme works and which items are covered by the scheme.



You should read this notice if you acquire, create or construct capital items for use in your business and you incur VAT on those items.

Published 19 October 2011
Last updated 2 March 2018 + show all updates
  1. Paragraph 4.12 has been updated for styling purposes. There have been no factual changes.
  2. An example has been added to section 7.3.
  3. First published.