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    Value added tax - Input tax - Capital goods scheme - General requirements - Affected assets - 79730

    The capital goods scheme applies to: - computer hardware, ships and aircraft costing at least £50,000 (excluding VAT); and - land and real property with a value of at least £250,000 (excluding...

    The perfect time to opt to tax

    Deciding whether or not to opt to tax a property is often far from straightforward. However, if you reclaimed the VAT you paid for its purchase or construction it might be a no-brainer. Why?