Introduction to this document

Flow chart - VAT deregistration

You may be required to deregister for VAT or circumstances may allow you to do so. It can be favourable to remain registered or the opposite can be true. Either way it is important to understand what your options are in order to maximise VAT savings and avoid HMRC penalties.

Flow chart

The Flow Chart - VAT Deregistration will help you determine if you can or must deregister.

Definitions for the flow chart: