The main reasons for VAT de-registration are:
Your turnover in the last 12 months is below the registration limit
You close your business or a part of your business, and the turnover from other activities does not exceed the limit of a VAT registration
Your turnover exceeds the registration limit for VAT, but most of your sales are charged with a zero VAT rate or are exempt from VAT
If you meet one of the above conditions and wish to cancel your registration, you must send the appropriate form to HMRC.
Having previously experienced numerous delays in the completion of my accounts and submission to the relevant authorities by previous accountants, I have to say how much of a refreshing change it has been to have everything dealt with on time By ABS-Service Ltd.
I dreaded each quarter as it came around until I met with the team at ABS-Service Ltd. For the last couple of years all I have had to do is present my paperwork by an agreed date and everything is taken care of. We then had a further chat and I have been able to reduce my VAT bill by over 50%.
We've been dealing with ABS-Service Ltd for 3 years now and have always found their industry knowledge, expert advice and professional service provided by the 'Team' at ABS-Service Ltd a great resource for our company.