There are a number of reasons why a business may wish or be obliged to cancel its VAT registration. The main reasons for doing so are as follows:
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•ÌýÌýÌýÌý Change of legal status.
- Ìý
This can happen, for example, where:
- Ìý
- Ìý
–ÌýÌýÌýÌý a sole trader takes on a partner;
- Ìý
–ÌýÌýÌýÌý a sole trader or partnership decides to form a company; or
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–ÌýÌýÌýÌý one of the partners in a two-partner firm leaves.
- Ìý
In these situations,
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Web page updated on 24 Aug 2024 13:45