VAT Deregistration
In South Africa, VAT deregistration is done through the South African Revenue Service when a business no longer meets the requirements to remain a VAT vendor.
Product Description
Ensure your business remains fully compliant with SARS by deregistering for VAT when it’s no longer required. Our VAT Deregistration service is ideal for businesses whose taxable supplies have fallen below the R1 million threshold, those that have ceased trading, or those that no longer wish to remain registered for strategic reasons. We manage the entire process from preparing and submitting the VAT123e form to liaising with SARS and handling follow-ups, ensuring a smooth deregistration while avoiding penalties. Focus on your business operations with confidence, knowing that your VAT obligations are properly concluded and fully compliant with South African tax regulations.
What's Included
- Preparation and submission of your VAT123e form to SARS
- Communication and follow-up with SARS on your behalf
Prerequisites
- Turnover has fallen below R1 million in a 12‑month period
- Business has ceased trading and will not resume within 12 months
- Business never commenced trading after registration
- Business no longer meets VAT registration requirements
- All outstanding VAT returns must be submitted
- All outstanding VAT payments must be fully settled
- Proper accounting records must be maintained and up to date
SARS Registrations
VAT Deregistration
Frequently Asked Questions
Everything you need to know about our VAT Deregistration solutions.