VAT Deregistration

Value Added Tax

Value Added Tax is a tax on the supply of goods and services for a consideration made by a registered taxable person in the UK in the ordinary course of business. A taxable person can be an Individual, Company, Partnership, LLP, Club, Society, Association, Charity or Trust.

VAT can be charged at the standard rate of 20%, at the reduced rate of 5% or at 0%. Other taxable supplies may be exempt or outside the scope of VAT.

The VAT threshold for compulsory registration is £85,000. Therefore, if your taxable supplies already exceed £85,000 you need to register immediately or if your taxable supplies would exceed the £85,000 within 30 days you need to register now.

Voluntary registration is also available. Companies with turnovers below £85,000 may register for VAT purposes to reduce the VAT burden and to appear much larger than they are.

Our VAT Service

Prime Formations provides a bespoke VAT registration service and we are at hand to advise on the peculiarities of your requirements.

We charge £39.00 plus VAT for VAT registration for one company or individual as we can register both companies and individuals for VAT.

VAT Deregistration Service

Should you wish to deregister we offer such services at £39.99 plus VAT. The VAT deregistration threshold for the 2021/2022 tax year is £83,000. Please click the order button and follow the payment process to access this service.

Registration

Prime Formations Limited would register you online for VAT purposes. Once you place an order, we would forward by email a VAT Registration Questionnaire which captures every information required in completing the VAT application. Once completed HMRC would send you a VAT registration letter with your VAT number. The process may take 30-40 days.

Money Laundering Requirements-Proof of ID?

Accountants, Estate Agents, Solicitors and other professionals including Formation Agents such as ourselves are required by the law-The Money Laundering and Terrorist Financing (Amendment) Regulations 2019 and previous Money Laundering Regulations to check proof of ID and Address. We carry out digital ID checks on our customers and most do not have to do anything else except complete the online formation forms. A very minute percentage of our customers may need to supply further information if they fail the digital ID tests or are not eligible for one.

£99.99

Order Process

1. Select a Service Package:

Start by browsing the product page to find the service package that best suits your needs. Once you’ve made your selection, click the “Add to Cart” button to include the package in your shopping cart.

2. View Cart & Checkout:

After adding the package to your cart, you can review your selections by clicking on the cart icon or the “View Cart” button. Here, you can modify the selected package if needed. Once you’re satisfied, click the “Proceed to Checkout” button.

3. Login/Create Account & Enter Details:

If you already have an account, log in using your existing credentials. If you’re a new customer, you can create an account or choose to continue as a guest. Next, enter your billing and shipping details to ensure accurate delivery and billing information.

4. Payment & Order Confirmation:

Choose your preferred payment method and enter the necessary payment information. Finally, click the “Place Order” button to complete your purchase. You’ll receive a confirmation message on the screen and an email with your order details.

Need Assistance?

If you have any questions about our products and services, please don't hesitate to contact the Prime Formations team. We're here to assist you with any inquiries you may have.