You are the treasurer of a local sports club, which is VAT registered. Annual taxable sales are £100,000 and VAT is a big overhead of the club. Why could changing the club’s business structure mean
you could deregister and save money?
Published 03.02.2020
One of our subscribers deregistered from VAT two months ago because of an expectation of reduced turnover. But they are concerned that they must re-register immediately because sales have still
exceeded £85,000. Are their concerns justified?
Published 28.06.2022
The VAT deregistration threshold increase means more businesses could be able to deregister. What should you look out for to ensure that there are no unpleasant surprises and you don’t pay any
unnecessary VAT?
Published 06.10.2017
One of your companies has ceased to trade due to the adverse impact of the pandemic. However, you are still owed a lot of money by some customers. Should you delay deregistering until they have paid
their debts?
Published 01.06.2021
If turnover is falling and you have the opportunity to de-register for VAT there are many advantages - but there are pitfalls to consider too. What are the principal ones to look out for?
Published 05.03.2013
A subscriber owns a boat chartering business but now wants to deregister because their income has fallen below the VAT threshold. What pitfalls should they be aware of before giving up their VAT
number?
Published 28.03.2019
If you want to deregister from VAT and you own a property there are a number of traps to look out for in order to dodge an unexpected bill. What are they and how do you avoid them?
Published 04.03.2015
After seven years of frozen thresholds, the Chancellor has announced an increase in the deregistration sales threshold on 1 April 2024. What does this mean and what are the pitfalls of
deregistering?
Published 26.03.2024
For a variety of reasons your business might choose to deregister for VAT. However, it can still incur costs after the deregistration process. Can it recover the VAT on these costs?
Published 04.05.2016
For whatever reason, you decided to deregister one of your businesses for VAT. However, you still have costs with VAT on them coming in. Is it possible to claim it back?
Published 04.04.2012