When and how to cancel your GST registration
When to cancel your GST registration
You should cancel your GST registration if:
- you end all taxable activities and you don't intend to start a new taxable activity within the next 12 months, or
- your turnover for the next 12 months will be less than $40.000. However, you may remain voluntarily registered.
Exception
If GST is built into your sale prices then you cannot cease your GST registration even if your turnover drops below $40,000. For example, if a taxi company requires its drivers to charge GST, they must be registered for GST regardless of their turnover.
Cancelling separate registration
If you registered branches or divisions of your business separately, the parent body may cancel the separate registration of any of the branches at any time. To do this, the parent body must apply to us in writing.
After cancellation, the parent body must account for GST and be responsible for all other requirements for the branch's taxable activity.
If the parent body's registration is cancelled, the separate registrations of the branches will also be cancelled.
How to cancel your GST registration
To cancel your registration, phone us on 0800 377 776. You will need to advise us of an approximate cancellation date. This must be less than two months in the future.
We will send you a notice confirming the actual cancellation date. It will be the last day of a taxable period.
We may cancel your GST registration
We may cancel your GST registration if:
- you have been filing nil returns for some time indicating no taxable activity
- your business is not defined as taxable activity (eg a hobby), or
- your taxable activities stopped.
We'll send you a notice of your actual cancellation date. It will be the last day of the last taxable period.
Next steps
Date published: 17 Apr 2007
Back to top
