Commentary

V2.183 Exemption from registration in respect of acquisitions

Part V2 Registration – deregistration

V2.183 Exemption from registration in respect of acquisitions

V2.183 Exemption from registration in respect of acquisitions

Where a person satisfies HMRC that any relevant acquisition he makes or intends to make would be in pursuance of a zero-rated supply (see Division V4.2), if it were a taxable supply by a taxable person, HMRC may, if it thinks fit and if he so requests, exempt him from registration under VATA 1994, Sch 3. Exemption continues until the request is withdrawn or it appears to HMRC that it should no longer be acted upon1.

A person exempted from registration under this provision must notify HMRC within 30 days of

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