VAT Deregistration

Cancel VAT Registration

VAT deregistration means cancellation of VAT registration. You can cancel your VAT registration in case you are not eligible to be VAT registered. When you know that you are not eligible for VAT registration, you must cancel your VAT registration voluntarily within 30 days in order to avoid penalties.

How your VAT Registration can be cancelled?

Vat registration can be cancelled voluntarily or by HMRC but it is your responsibility to tell HMRC that you are not eligible for VAT registration and want to cancel it. VAT registration can be cancelled because of the following reasons –

• If you have stop trading or making VAT taxable supplies
• If your VAT turnover is less than the deregistration threshold limit of £83,000
• Not appropriately registered or registered due to error.