Generally, HMRC do not allow a person voluntarily to de-register if they are satisfied that the reason why his future taxable supplies are expected to be under the threshold is because:

(a)he plans to stop trading and will cease making taxable supplies during the next 12 months (but de-registration is available under VATA 1994, Sch. 1, para. 3 in relation to ceasing to make taxable supplies); or

(b)he plans to sell the business; or

(c)he will temporarily suspend making taxable supplies for at least 30 days (VATA 1994, Sch. 1, para. 4(2)).

Example 1: Ceasing to make taxable supplies: Date of de-registration

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