Intrastat notice – updated
The intrastat general guide (Notice 60) has been updated and restructured to improve readability. It also includes a number of changes. Some reflect amendments to EU regulations, the others are more varied.
There were no changes to the Intrastat thresholds from 1 January 2011. The exemption threshold for arrivals remains at £600,000 and the exemption threshold for dispatches remains at £250,000. The delivery terms threshold remains at £16,000,000.
Intrastat declarations are used to collect information on the movement of goods from the UK to other EU countries and vice versa. Any business that exceeds the exemption threshold for either arrivals or dispatches of goods is obliged to submit monthly returns. Businesses with annual EU trade above the delivery terms threshold are required to supply additional information relating to delivery terms on their statistical returns.