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HMRC internal manual

VAT Retail schemes guidance

HM Revenue & Customs
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Fundamentals of the retail schemes: Death, bankruptcy or incapacity of a retailer

Where a retailer dies, becomes bankrupt or is otherwise incapacitated, the person who carries on the business until matters are resolved can be treated as a taxable person in place of the previous registered business (see VATREG42000). In these circumstances, the person who carries on the business must continue to operate the same retail scheme.