VATDREG04350 - Eligibility or requirement to deregister: schedule 3 - acquisitions: required to deregister
A person making relevant acquisitions is required to deregister in the following circumstances:
Circumstance
If the person
- is registered under Schedule 3 because they made relevant acquisitions from other EU Member States
- stops making relevant acquisitions and
- is not eligible or liable to register in the UK in respect of any taxable supplies, distance sales or relevant supplies
Then they must cancel their registration.
Circumstance
If the person
- is registered in the UK because they intended to make relevant acquisitions under Schedule 3, paragraph 4(2), but
- they no longer intend to do so, and
- they are not eligible or liable to register in the UK in respect of any taxable supplies, distance sales or relevant supplies
Then they must cancel their registration.