What he said ^^^^^^^^^^
Best to "Voluntarily Surrender" it. Do not simply let it expire, at which juncture the licence will be Cancelled.
Makes for extreme difficulty should your personal circumstance change, at some time in the future, and you wished to renew it.
My employment meant that more often than not I resided outside the country; I voluntarily surrendered my licence.
After something like 20 years, I came "home", reapplied, and my "new" licence had the same number as that which I had surrendered.
Easy, peasy.
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