The UK guidance explains how to cancel a VAT registration, either online or by post, using form VAT 7 for individual businesses and form VAT 50‑51 for VAT groups. It advises that businesses should not cancel immediately after an insolvency practitioner’s appointment if asset sales are pending, as VAT on those sales must still be reported. The guidance references Notice 700/11 for further details.
Form VAT 7 must be completed and sent to HMRC to cancel a VAT registration for an individual business.
Form VAT 50‑51 is used to cancel a VAT group registration, rather than form VAT 7.
Because VAT arising from asset sales must still be included on a post‑appointment VAT return, and the sale of assets must be evidenced by a valid VAT invoice issued while the business was VAT registered.
The guidance references Notice 700/11 for further details on the cancellation process.
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