- Using Form VAT50/51: To amend or remove an existing VAT group, businesses must utilize form VAT50/51, which allows for adding or removing companies and requesting to disband the group.
- Required Information for Amendments: For adding members, essential details include the proposed group’s VAT registration status, expected turnover, control conditions, and any relevant capital assets. When disbanding or removing members, similar information is required, including VAT registration references and reasons for leaving the group.
- Submission Process: Amendments can be made online through the Government Gateway, requiring a user ID and password. If unable to use the online service, users must gather all necessary information to complete the form, print it, and send it to HMRC via postal mail.
Source gov.uk
