This is to advise you that, subject to Parliamentary approval, the Intrastat arrivals exemption threshold will be increased from £1,200,000 to £1,500,000 from 1 January 2015.
The exemption threshold for dispatches remains at £250,000 and the delivery terms threshold remains at £24,000,000.
Parliamentary approval is expected in the next few weeks, when a further News Item will follow.
Further information on trade statistics is available online
at www.uktradeinfo.com or by phoning uktradeinfo Customer Services on 03000 594250.
For further information and advice on submitting Intrastat declarations, please contact HM Revenue & Customs’ VAT & Excise Helpline on 0300 200 3700.
A Revenue & Customs Brief will be published on the HMRC website in due course giving more information.