Cancelling your VAT registration

  1. Overview
  2. Cancellation by elected persons
  3. Cancellation by farmers
  4. Cancellation of a holiday home election

Cancellation of a holiday home election

Cancellation of an election to register for VAT in respect of the supply of holiday home accommodation

Different rules apply to the cancellation of the election to register for the supply of holiday home accommodation. These rules depend on when the property/holiday home was acquired or developed.

Holiday home acquired or developed on or after 1 July 2008

The cancellation of the election to register for VAT in respect of the supply of holiday home accommodation may require an adjustment under the Capital Goods Scheme (CGS).

Holiday home acquired or developed before 1 July 2008

Specific rules apply to the cancellation of the election to register for VAT in respect of the supply of holiday accommodation in a home acquired prior to July 2008. Where your election to register for VAT is cancelled within 10 years, you must pay a cancellation amount to Revenue.

Further guidance contains more detailed information on the cancellation of a holiday home election.