22 April 2014 | Taxation
Yes, if you cease to be a registrable person because you:
you will need to follow the procedure at paragraph 10.2 below.
If you wish to deregister you should notify HMRC as set out below. You may notify HMRC up to three months before your chosen date of deregistration takes effect.
If you are a seasonal trader you do not need to deregister at the end of each season. However, you must still submit nil returns for the periods when you are not operating.
You must include in your deregistration notification the following information:
The following rules have the force of law under Regulation 8 of The MGD Regulations 2012
If a Registered Person (RP) wishes to deregister they must either:
1. Deregister using the prescribed electronic method (HMRC Online Service), or
2. Notify HMRC in writing confirming that:
The RP must send the notice to the following address:
National Registration Unit
HM Revenue & Customs
21 India Street
Notices sent to any other address may not be accepted.
On receipt of your correct and complete deregistration notice (either an electronic notification or a notice submitted in writing), HMRC will remove your name from the MGD Register within 14 days from the date specified in your notification. HMRC will write to you to confirm your deregistration.
Important note: HMRC will issue a return for any whole or part accounting period immediately prior to deregistration for which a return has not be received. This return must be completed and any duty liability paid.
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