Does anyone know if its usual practice to receive a VAT inspection visit on notification of intent to cancel a voluntary VAT registration?
Brian
Does anyone know if its usual practice to receive a VAT inspection visit on notification of intent to cancel a voluntary VAT registration?
Brian
No it isn't. But VAT inspections are often event-driven. A large refund may trigger a VAT inspection and if (say) you've never had an inspection what better event than deregistration to trigger yours?
In message , bigbrian writes
Why do you ask? Presumably you have cancelled, and an inspection has been appointed, or you are about to cancel, and are wondering?
I cancelled my registration in April 2004 and have heard nothing since.
No, not at all. I'm VAT registered, but not voluntarily, so cancelling is not an option for me :-)
Its just that two people I know recently did exactly that and they both ended up with a visit. I was just wondering whether it was policy or not, but your experience suggests not?
Brian
In message , bigbrian writes
Perhaps I should add that I wasnt voluntary. I sold a business which had been registered for 17 years.
In message , Richard Faulkner writes
Did the new owner keep the same Vat number?
In message , " snipped-for-privacy@privacy.net" writes
No. They created a new limited company which had a new VAT No..
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