> Is it possible to register for VAT and then de-register
> soonafter? I have set up a website and would love to
> get my VAT on the build costs back. Trouble is, I don't
> want to have to charge VAT going forward so would want
> to deregister. Is this allowed?
The answer is no !
The tax man has thought of this !
When you de-register he will ask for a calculation of the
VAT re-imbursed on your assets and will want all that VAT
back ! The tax man would be particularly upset if he
thought you had done this specifically to avoid tax.
Otherwise EVERYONE would be doing it !
How about finding a small trader who doesn't charge VAT as
HE isn't registered and then get him to build your web-site !
Richard Holder
G-OWWW
High Cross
|