New Limited Company café opened shop 1st November and we were instructed to register them for VAT.
Application was voluntary with expected turnover of £100k.
After receiving November sales of £4k and December looking like will be the same we have advised they should deregister as we expect them to be well below the threshold in the next 12 months and thereafter.
Application submitted but has been refused.
Link in refusal to submit further info duly done showing current turnover, but again refused.
Deregistration helpline advises that they can’t deregister until they have received FOUR quarterly returns and there is no right of appeal.
Anyone else had this situation or can point me to the legislation allowing them to do this?
I am aware you can’t ‘undo’ a registration or backdate a deregistration and client is happy to pay VAT up to point of deregistration, but not for a whole year if stays below the threshold, seems bonkers to me!