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HM Revenue and Customs Brief 38/13

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HM Revenue and Customs -Tax Authorities

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Issued 16 December 2013

Intrastat - changes from 1 January 2014

Purpose of this Brief

The purpose of this Brief is to explain how businesses, trading in goods with other EU Member States who are required to submit Intrastat declarations, will be affected by changes from 1 January 2014.

Who should read this Brief

VAT registered businesses that are required to submit declarations of arrivals (EU imports) trade received from other EU Member States and/or provide Delivery Terms information on an Intrastat declaration.

Changes to Intrastat thresholds from 1 January 2014

  • the exemption threshold for arrivals is increased from 600,000 to 1,200,000
  • the Delivery Terms threshold is increased from 16 million to 24 million
  • the exemption threshold for dispatches (EU exports) remains unchanged at 250,000

Background

Arrivals threshold

EU legislation requires the UK to collect information on intra-EU trade in goods for statistical purposes and sets minimum requirements for the quantity of trade covered.

Council Regulation (EC) No 638/2004 (as amended by Council Regulation (EC) No 222/2009) requires EU Member States to collect data on a minimum percentage of the total value of their EU trade in goods. This regulation has been amended by Council Regulation (EU) No 1093/2013 which reduces the minimum requirement which Member States are to collect for their arrivals (intra-EU imports) from 95% to 93%.

These requirements determine the level at which the exemption thresholds, which are applied independently to arrivals and dispatches, are set in the UK. If your annual intra-EU trade in goods is above the specified exemption thresholds you are required to provide monthly statistical returns (Intrastat declarations).

The exemption thresholds are set at a level that ensures the UK obtains the percentage coverage of the value of intra-EU trade required by EU legislation, whilst at the same time ensuring that the number of businesses which are required to submit monthly information is kept to a minimum.

The threshold for arrivals has been increased as a result of the reduction in the coverage requirement to 95%.

Delivery Terms threshold

EU legislation requires the UK to collect information to enable the accurate calculation of statistical value. These requirements determine the level at which the Delivery Terms threshold is set in the UK. The same threshold for Delivery Terms applies to arrivals and dispatches.
If your annual EU trade is above the Delivery Terms threshold you are required to supply additional information relating to Delivery Terms on your Intrastat declarations.

Further information

Further information on Intrastat can be found on:


About the Author

Crown Copyright 2013.

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.



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Article Published/Sorted/Amended on Scopulus 2013-12-27 14:11:28 in Tax Articles

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