Can I deregister from VAT if I still have deferred VAT to pay? |
Yes, though the deferred VAT must still be repaid to HMRC by the published deadline. The liability to pay the deferred COVID-19 VAT balance remains with the legal entity rather than the VAT registration number.When a business with a deferred VAT obligation joins a VAT group, the VAT debt remains with that business and does not transfer to the VAT group. |
Source CIOT
