Depending on the circumstances, VAT deregistration can be compulsory or voluntary. Either way, the trouble is that the Taxman expects you to account for VAT on the value of all the assets your
business owns. How can you minimise this bill?
Published 15.11.2011
If your business has ceased trading or its VATable turnover has fallen below the deregistration limit, you can cancel your VAT registration. But the process isn’t always straightforward. So what
traps should you be watching for?
Published 03.05.2023
One of the main danger areas for your business is the point of VAT registration/deregistration. What are the current trigger points, and what do you need to do to avoid a problem with the VATman?
Published 28.02.2008
One of your businesses has been deregistered for VAT. However, a VAT invoice has now turned up which you need to pay. Is there any way you can claim the VAT back on such invoices?
Published 21.04.2005
The difficult trading conditions over the last couple of years have hit small businesses particularly hard. Some have fallen below the VAT deregistration threshold. What do you need to consider
before deregistering?
Published 12.05.2010
You’re winding up one of your subsidiary companies and it will soon have to deregister for VAT. The trouble is the company still has to pay rent for a while and the landlord adds VAT. Where do you
stand with reclaiming it?
Published 16.03.2015
Because of exceptional circumstances your business turnover has exceeded the VAT registration limit. You’re sure that this won’t be repeated. Must you register and wait to deregister when your
turnover falls or is there an alternative?
Published 05.09.2023
Your business recently stopped trading, but you’ve found a tenant who’s now paying you rent for the premises and the equipment in it. Did your VAT registration lapse when your business ended or must
you keep submitting returns to HMRC?
Published 04.04.2023
When one of your companies started trading it registered and reclaimed VAT on its start-up costs. But now that its turnover has fallen what are the pros and cons of deregistering it?
Published 23.06.2015
You’ve been winding down one of your businesses so that now it’s trading well below the VAT registration limit. You want to stay registered so you can continue to reclaim VAT on purchases but can
HMRC override your decision?
Published 16.10.2019