There will be no change to the arrivals, dispatches exemption thresholds and delivery terms thresholds for 2016.
Therefore for 2016 the exemption thresholds are
- £1,500,000 for arrivals
- £250,000 for dispatches
The delivery terms threshold remains at £24,000,000.
However, the low value consignment threshold (see paragraph 20.1 of Notice 60 Intrastat General Guide) will be reducing from £160 to £150 from 1January 2016.
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.