Cancelling your VAT registration

Cancellation by farmers

If you are a farmer and elected to register for Value-Added Tax (VAT), you may cancel your election by arrangement with your Revenue district.

You must pay Revenue any excess of VAT refunded to you over the tax paid during a review period which is either:

  • the taxable periods during which the election had effect
  • or
  • three years prior to the date of application for cancellation

whichever is the lesser.

How is the excess VAT calculated for farmers?

When calculating any excess of VAT refunded to you, the amount of tax you paid should be increased by an amount equal to the flat-rate addition which would have been payable to you during the review period (if you had not registered for VAT).

The amount refunded to you should be reduced by the amount of VAT which would have been repayable to you under the farmers refund order during the review period (if you had not registered for VAT).

Next: Cancellation of a holiday home election