Claim Vat then deregister | AccountingWEB

Claim Vat then deregister


If a newly formed company registers for vat and then claims back a large amount of input tax on some large setup costs, what is then stopping the company from de-registering again?

The company is not going to be over the threshold at any point and it would be in the interest of the company not to be vat registered generally..

I'm sure there must be a rule to stop this, I just can't find it.

Any help would be appreciated.



There are 3 comments. Login or register to view them.

You repay the VAT you reclaimed

ShirleyM |
ShirleyM's picture

it can be done

mr. mischief |
mr. mischief's picture

It depends

cparker87 |