Vat7 Form PDF Details

Are you a small business that is required to collect sales tax? If so, then the Vat7 form will quickly become an important part of your operations. Understanding the requirements of this form can help ensure that you accurately collect and pay all due taxes in a timely manner. In this blog post, we'll go over the basics of how to complete the Vat7 form and what advantages it offers businesses like yours.

QuestionAnswer
Form NameVat7 Form
Form Length4 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min
Other namesvat7 form, vat7, form vat7 printable, form vat7 download

Form Preview Example

Application to cancel your

VAT registration

Before you complete this form please read VAT Notice 700/11, ‘Cancelling your registration’, which will help you to decide if you want or need to cancel your VAT registration.

Do not complete this form if you are transferring your business or changing your legal entity and it has been agreed that the new owner/legal entity is to retain the VAT Registration Number, see Notice 700/11, ‘Cancelling your registration’.

To complete this form please complete all the questions using black ink and capital letters – If you do not complete the form correctly it may delay the cancellation of your VAT registration.

Please note:

if you fail to cancel your registration at the right time you may have to pay a penalty

if you choose to deregister voluntarily you will be deregistered from the date we received your form unless you request a later date, see Notice 700/11, ‘Cancelling your registration

if you are required to be deregistered you will be deregistered from the date that you ceased to have an entitlement to VAT registration, see Notice 700/11, ‘Cancelling your registration’

1

What is your VAT Registration Number?

Daytime phone number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

Please give your full name

if your business is a limited company give your company name

if your business is a partnership please give your trading name

if the partnership does not have a trading name give the names of all of the partners

5

Mobile phone number

Please give the address for correspondence if it is different from the address given at question 4

Postcode

3

4

Please give your trading name if it is different to the name given at question 2

Please give the address of your principal place of business (that is the address from which you normally trade)

Daytime phone number

Mobile number

Postcode

VAT7

Page 1

HMRC 06/14

6Why are you applying to cancel your registration? (Please tick 1 box only)

A I have ceased to trade

 

go to

 

 

 

question 7

B

My taxable turnover in the

 

 

 

next 12 months will be below

 

 

 

 

 

 

the current deregistration limit

 

go to

 

 

 

 

 

question 8

C

I am still trading but only make

 

 

 

supplies that are exempt or

 

 

 

 

 

 

outside the scope of UK VAT

 

go to

 

 

 

 

 

question 9

D

I am still trading but my taxable

 

 

 

supplies are solely/mainly

 

 

 

zero-rated and I want to apply for

 

 

 

 

 

 

exemption from VAT registration

 

go to

 

 

 

 

 

question 10

E

I am changing my legal entity

 

 

 

(for example, from a partnership

 

 

 

 

 

 

to a Limited company)

 

go to

 

 

 

 

 

question 11

F

I have transferred/sold my

 

 

 

 

 

business as a going concern

 

go to

 

 

 

 

 

question 11

G

I am joining a VAT group

 

 

 

(you must also complete

 

 

 

 

 

 

a VAT50 and VAT51)

 

go to

 

 

 

 

 

question 12

H

My VAT group is disbanding

 

 

 

(you must also complete forms

 

 

 

VAT50 and VAT51 for each

 

 

 

 

 

 

group member)

 

go to

 

 

 

 

 

question 13

 

 

 

 

I

Other

 

go to

 

 

 

 

question 14

7a What date did you cease to trade? DD MM YYYY

You will normally be deregistered from the date you ceased to make taxable supplies, see Notice 700/11, ‘Cancelling your registration’

bIf you want to deregister from a later date provide the date below DD MM YYYY

Please provide details of the reason for your request on the back of this form.

You must continue to charge VAT on any taxable supplies until you receive written confirmation of your deregistration.

Go to question 15

8If you are applying to deregister on grounds of reduced turnover please provide the following information:

aWhat is the value of taxable supplies you expect to make in the next 12 months?

£

 

 

 

 

 

 

 

 

0

0

 

 

 

 

 

 

 

 

 

 

 

 

bPlease give specific details of why the value of your taxable supplies in the next 12 months will be under the deregistration threshold (for example, reduction in prices, reduction in opening hours, lost contracts).

If we accept your deregistration request you will be deregistered from the date we receive your form.

If you want to deregister from a later date you should provide the date below DD MM YYYY

Please provide details of the reason for your request on the back of this form.

Go to question 15

9On what date did you stop making taxable supplies?

DD MM YYYY

This is the date you will normally be deregistered from. If you want a later date please provide the date below DD MM YYYY

Please provide details of the reason for your request on the back of this form.

Go to question 15

10If we accept your request you will be deregistered from the date we receive your request. If you want to deregister from a later date please provide the date below DD MM YYYY

Please provide details of the reason for your request on the back of this form.

a Please describe the nature of your supplies

bIf you remain registered for VAT will you be in a repayment situation?

No Yes

Page 2

cIf you answered No please provide further information on the back of this form explaining why you believe you are entitled to exemption from registration.

Go to question 15

11Remember: If you are changing your legal entity and transferring your VAT Registration Number to a new legal entity then do not complete this form. See Notice 700/11, ‘Cancelling your registration’.

a Please enter the date the transfer or change of legal entity took place DD MM YYYY

b Describe the change of legal entity (for example, sole proprietor to partnership)

cPlease give the name and address of the new owner (if different to question 2, 3, or 4)

Name

Address

Postcode

Please tick box if the details are still the same

dPlease give the new owner’s VAT Registration Number (if known)

e Is the new owner a member of a VAT group?

No

 

Yes

f Were all stocks and assets transferred?

No Yes

Go to question 15

12a When did you join/will you join the VAT group?

DD MM YYYY

b What is the name of the representative member?

cWhat is the VAT Registration Number of the group (if known)?

Go to question 15

13Please give the date the VAT group disbanded

DD MM YYYY

Go to question 15

14Please provide the date you want to deregister from

DD MM YYYY

Please give the reason why you want to deregister from this date on the back of this form.

Go to question 15

15Do you have, or have you had, an option to tax on any property?

No Yes

If you answered yes, please provide details on the back of this form

16Do you use the Cash Accounting Scheme?

No Yes

17Please estimate the total VAT inclusive value of stocks and assets you have on hand on which VAT is due. This includes the value of the property on which an option to tax has been made and VAT has been reclaimed

£

 

 

 

 

 

 

 

 

0

0

 

 

 

 

 

 

 

 

 

 

 

 

You may have to account for VAT on these assets on your final VAT return. See Notice 700/11, ‘Cancelling your registration’ for further information.

18If your business bank account details have changed please give the new details

Bank account number

Bank sort code

— —

Please tick box if you have no account or your account has been closed

Page 3

Please use the space below to provide further information. Enter the question number you are answering. If you need more space, please use

a separate sheet of paper and attach it to this form.

Declaration

This section must be completed by:

the sole owner of the business, or

a partner

a director or the company secretary

an officer or official applying on behalf of an unincorporated body, for example, secretary, trustee

an authorised agent (HM Revenue & Customs (HMRC) must be informed by the business that the agent has been authorised to act on their behalf)

I declare that the information on this form and contained in any accompanying document is true and complete.

Signature

Date DD MM YYYY

Please print your full name (use capital letters)

Please send the completed form to:

Grimsby Deregistration Unit

Imperial House

77 Victoria Street

GRIMSBY

Lincolnshire

DN31 1DB

After you apply for deregistration

You should receive a reply from HMRC within 3 weeks of sending your application form. If you do not, you should phone our Deregistration Department on 03000 523 234.

What will happen when you get my completed application?

If we are satisfied that your registration should be cancelled, we will send you a formal notice of cancellation which is

a VAT35. However, you will still need to complete and submit a final VAT return.

Remember, you must continue to charge VAT on any taxable supplies until you receive written confirmation of your deregistration.

Page 4

How to Edit Vat7 Form Online for Free

You'll be able to fill out form vat 7 without difficulty using our online tool for PDF editing. To make our tool better and less complicated to utilize, we constantly come up with new features, with our users' feedback in mind. If you're seeking to start, here is what it takes:

Step 1: Click the orange "Get Form" button above. It'll open our tool so you can begin completing your form.

Step 2: When you access the tool, you will see the document prepared to be filled in. Other than filling out different fields, you may as well do many other things with the form, such as putting on any text, changing the original text, adding images, affixing your signature to the document, and more.

In order to finalize this PDF document, ensure you type in the necessary details in every blank:

1. Start completing the form vat 7 with a number of necessary blank fields. Gather all the information you need and make certain there's nothing omitted!

vat7 pdf conclusion process described (portion 1)

2. After this part is filled out, go on to type in the suitable information in these: Mobile number, Please give the address of your, of business that is the address, normally trade, Postcode, VAT, Page, and HMRC.

Please give the address of your, HMRC, and normally trade of vat7 pdf

3. Your next step will be hassle-free - complete every one of the empty fields in Why are you applying to cancel, Please tick box only, A I have ceased to trade, B My taxable turnover in the, next months will be below the, C I am still trading but only make, supplies that are exempt or, supplies are solelymainly, D I am still trading but my taxable, exemption from VAT registration, E I am changing my legal entity, for example from a partnership to, F I have transferredsold my, business as a going concern, and go to question in order to complete this process.

Tips on how to complete vat7 pdf portion 3

People often make some errors when filling out go to question in this section. You need to read twice what you type in right here.

4. Completing F I have transferredsold my, business as a going concern, G I am joining a VAT group you, a VAT and VAT, you must also complete forms, H My VAT group is disbanding, VAT and VAT for each group member, I Other, go to question, go to question, go to question, go to question, DD MM YYYY, This is the date you will normally, and Please provide details of the is key in the fourth form section - be certain to invest some time and be mindful with each field!

Tips to fill in vat7 pdf step 4

5. The pdf must be completed by filling out this area. Here there is a detailed set of fields that need to be completed with accurate information in order for your form submission to be faultless: b If you remain registered for VAT, a repayment situation, Yes, You must continue to charge VAT on, Go to question, and Page.

Step number 5 of filling in vat7 pdf

Step 3: Check all the details you have inserted in the blanks and then press the "Done" button. Sign up with FormsPal today and instantly use form vat 7, available for downloading. Every last edit made is handily saved , allowing you to edit the file further when necessary. FormsPal offers safe document editor without personal data record-keeping or sharing. Rest assured that your details are secure with us!