Sometimes a business may cancel their VAT registration with the Revenue, for example, if they're no longer eligible to be registered, or if their VAT taxable turnover falls below the de-registration threshold.

For advice on de-registration, final returns and potential VAT repayments which may be due, please speak to your accountant or refer to the Revenue website.

When Revenue confirm your official de-registration date, within Sage Accounts there are a few steps you can take so transactions dated after this don't include VAT.

Check your non-vatable tax code

1. On the menu bar click Settings, then click Company Preferences.
2. Click VAT, make a note of the Non-Vatable Tax Code, then click OK.

Update your customer, supplier and product records

NOTE: In Sage 50 Accounts Essentials and Sage Instant Accounts, you must open each record in turn and change the default tax code to T9.

1. On the navigation bar click Customers, Suppliers or Products and services.
2. Click Swap, then click Batch changes.
   
   TIP: In Customers, if you can't see Batch changes, click the New/edit drop-down then click Batch changes.
   
3. Click Defaults, change the default tax code to your non-vatable tax code, click Save then click Yes.

Update your default settings

1. Click Settings, then click Customer Defaults.
2. In the tax code drop-down, click your non-vatable tax code, then click OK.
3. Repeat steps 1 and 2 for the following areas:
   
   • Supplier Defaults
   • Bank Defaults
   • Product Defaults
   • Invoice & Order Defaults, Options tab.

Remove your VAT registration number

Once you've submitted all final returns and accounted for all outstanding VAT with the Revenue, you can remove your VAT registration number.

1. On the menu bar click Settings, then click Company Preferences.
2. Click VAT, in VAT Reg remove your Vat registration number, then click OK.

TIP: Don't forget, if you've added your VAT registration number as text on any reports or layouts, you should re-edit the documents and remove it.

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