20/09/2026
Stopped trading but still VAT registered? That's a compliance risk, not a formality.
Businesses that wind down, restructure, or drop below the VAT threshold often just keep filing "nil" returns indefinitely β instead of formally deregistering.
Here's why that's a problem:
β Nil returns still have filing deadlines, and missing them still carries penalties
β Staying registered without a business reason doesn't reduce your compliance burden
β Deregistering late β or never β can create its own exposure with the FTA
β The eligibility rules for deregistration are specific, not automatic
HFA Consulting assesses whether deregistration applies to you, handles the application, and makes sure your final returns are filed correctly.
π© Check your VAT deregistration eligibility. Call 052 110 1467.