HM Revenue and Customs Brief 07/12
Submit Articles Back to Articles
Issued 16 March 2012
This Revenue & Customs Brief announces changes to the
procedure for the submission of Intrastat declarations.
Businesses that are required to submit declarations for their
trade with other EU Member States using an Intrastat declaration. This
is limited to those with intra-EU trade in excess of £600,000 per annum
for arrivals (EU imports) and/or £250,000 per annum for dispatches (EU
Change to the monthly deadline for submitting declarations
From 1 April 2012, Intrastat declarations must be submitted by
the 21st day of the month. This means that your declarations will be
due 21 days after the end of the month in which you have EU trade to
declare. Therefore, HM Revenue & Customs (HMRC) must receive
your March 2012 Intrastat declaration by 21 April.
Electronic submission of declarations
From 1 April 2012, HMRC will not accept Intrastat declarations
on paper forms C1500 and C1501.
You will need to provide your Intrastat declarations using
online forms or other electronic formats, for example, Comma Separated
Variable File (CSV off line form) or Electronic Data Interchange (EDI).
Information on submitting online can be found on the
dedicated trade statistics website uktradeinfo
(Opens new window).
What is Intrastat?
Intrastat is the system for the collection of trade in goods
between EU Member States for statistical purposes. All VAT-registered
businesses that reach a set threshold, expressed in terms of annual
value of intra-EU trade, are required to submit Intrastat supplementary
declarations on a monthly basis.
Why the changes are being made?
HMRC has been undertaking a programme to modernise the
Intrastat system to take into account changing demands from users of
Intrastat data and the Government's strategy to move to greater use of
HMRC has brought forward the monthly deadline for businesses
to submit Intrastat supplementary declarations to ensure that HMRC
meets the legal deadline to submit data earlier to the EU. This also
enables HMRC to make data available earlier to key Government users and
to publish details of both EU and non-EU data at the same time.
In line with the Government's Digital Agenda, HMRC is
implementing the mandatory submission of Intrastat supplementary
declarations. This will enable HMRC to:
- provide a better and more cost effective service for
customers submitting Intrastat supplementary declarations
- efficiently capture clean, easily processed data to help
drive down costs for HMRC and its customers submitting paper
Between July 2010 and February 2011, HMRC informally consulted
with Intrastat businesses to obtain information to help in the
decision-making process and to identify how to help businesses comply
with the changes.
Nearly 75 per cent of those still using the paper option who
responded to the informal consultation on the mandatory electronic
submission of Intrastat supplementary declarations said they would not
have a problem moving over to electronic submission.
Information from the informal consultations on due date
identified the 21st of the month as the most acceptable date for
businesses balanced against HMRC's need to provide data earlier.
The majority of those consulted on the change to due date were
confident that they would be able to adapt to this change in the first
half of 2012, but there were strong views that January 2012 should be
avoided. Therefore the changes, both to due date and mandatory
electronic submission, will be implemented on 1 April 2012.
A summary of the informal consultation responses can be found
in the Consultations section of HMRC's dedicated trade statistics
(Opens new window).
Further information on trade statistics is available online on
(Opens new window) website or by phoning uktradeinfo Customer
Services on Tel 01702 367485.
For further information and advice on submitting Intrastat
declarations, please contact the VAT Helpline on Tel 0845 010 9000.
About the Author
© Crown Copyright 2012.
A licence is needed to reproduce this article and has been republished
for educational / informational purposes only. Article reproduced by
permission of HM Revenue & Customs.
Follow us @Scopulus_News
Article Published/Sorted/Amended on Scopulus 2012-03-19 12:17:09 in Tax Articles