VAT

VAT Deregistration

VAT Deregistration – An Ultimate Guide!

In the European Union and OECD, the UK has the highest registration threshold for VAT. As per the government’s research, the threshold of £85,000 implies that about 3.55 million small enterprises avoid VAT registration. In case the annual turnover of the enterprises that are VAT registered falls under the given threshold (£83,000) of deregistration, they are allowed to …

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