Late VAT return

Hi My VAT return deadline was at the beginning of March. I received my VAT certificate on March 20 after contacting you to say I still hadn't received anything. Because my return was late, you started adding late return fees. Even though I filed my return a few days ago, the penalties continue to increase. In the meantime, you added the amount of " VAT central assessment " to my account. It's almost 3,000 pounds and we are unable to pay it because my VAT return I should have paid around 100 pounds and at the moment we don't even earn that amount. Can you advise me when my account will be updated and whether I have to pay late fees calculated after I file my return? One more question. When running an online store, only about 15% of sales take place in the UK. The rest all over the world. Importantly, the products we sell abroad do not cross the UK border at any time. I registered for VAT because I exceeded the threshold. however, as I said, my sales here are negligible. Is it possible to deregister my VAT or in this case it does not matter where the sale takes place but that I have exceeded the threshold. Thank you

Hi,

If you are late with a VAT return and the payment then penalties can be applied.

VAT penalties and interest

You can deregister voluntarily if you can satisfy HMRC that your taxable turnover in the next 12 months will not exceed the VAT registration cancellation limit.

VAT Notice 700/11: cancelling your registration

Thank you.