VAT Deregistration Services London

VAT Deregistration Services

Expert VAT deregistration services. We help businesses deregister from VAT when turnover falls below the threshold or when VAT registration is no longer required. Our experienced VAT team will guide you through the VAT deregistration process, ensuring compliance with HMRC requirements and optimising your VAT position.

When Can You Deregister from VAT?

You can apply to deregister from VAT if:

• Turnover Below Threshold: Your taxable turnover has fallen below the VAT threshold (£85,000) and you expect it to remain below
• Business Closure: You are ceasing to trade or closing your business
• No Longer Making Taxable Supplies: You are no longer making taxable supplies
• Voluntary Deregistration: You registered voluntarily and wish to deregister

VAT Deregistration Services

• VAT Deregistration Assessment: Assessment of whether you can deregister from VAT
• VAT Deregistration Application: Complete VAT deregistration application with HMRC on your behalf
• Final VAT Return: Preparation and submission of final VAT return
• VAT Deregistration Planning: Planning for VAT deregistration to optimise timing and VAT position
• HMRC Liaison: Handle any queries from HMRC during deregistration
• Post-Deregistration Support: Guidance on VAT matters after deregistration

VAT Deregistration Process

Our VAT deregistration process is straightforward:

1. Initial Assessment: Review your business circumstances and turnover
2. Deregistration Advice: Advise on whether deregistration is appropriate and timing
3. Final VAT Return: Prepare and submit final VAT return
4. Application Preparation: Prepare and submit VAT deregistration application to HMRC
5. HMRC Liaison: Handle any queries from HMRC during deregistration
6. Post-Deregistration Support: Provide guidance on VAT matters after deregistration

Considerations Before Deregistering

Before deregistering from VAT, consider:

• Input VAT Recovery: You will no longer be able to recover input VAT on purchases
• Customer Impact: Impact on customers who may expect VAT-registered suppliers
• Future Growth: If you expect to grow above the threshold again, you may need to re-register
• VAT on Assets: You may need to account for VAT on assets held at deregistration

Why Choose Acumon for VAT Deregistration?

• Extensive experience in VAT deregistration and HMRC requirements
• Expert advice on VAT deregistration timing and implications
• Efficient VAT deregistration process minimising delays
• Proactive support and guidance throughout deregistration
• Seamless integration with our VAT compliance and bookkeeping services
• Ongoing support and advice on VAT matters after deregistration

Integration with Other Services

Our VAT deregistration services integrate seamlessly with our other services:

• VAT Registration Services - VAT registration if you need to re-register in the future
• VAT Accountant Services - Final VAT return preparation
• Tax Advisory Services - Tax planning aligned with VAT deregistration