Threshold Example

How the threshold works

This is a record of a company's trade with EU Member States for 2020. As you can see, they exceeded the 2020 threshold (£1,500,000) for arrivals in August, and would have had to start submitting Intrastat Supplementary Declarations (SD’s) from and including August up to December.
 
As the company's yearly arrivals trade for 2019 (totalling £1,922,650) exceeded the threshold set at £1,500,000 for 2019, they will need to continue to submit Intrastat arrivals SD’s for the whole of 2020 as well.
 
The same company exceeded the 2019 threshold for dispatches in November, and would have had to submit Intrastat SDs for November and December 2019, and for the whole of 2020 as well.
 
NB. You must continue to submit SDs, until you are below the threshold for a full calendar year.
 
Example only: the threshold for 2019 is £250,000 for Dispatches and £1,500,000 for Arrivals. If your total arrivals or dispatches trade at the end of December 2019 is below these thresholds, then your last SD would be December 2019. See Notice 60 for additional information.

Example of a company's accounts

 
2019 Arrivals Dispatches
January £65,000 £4,700
February £50,300 £3,600
Running Total £115,300 £8,300
March £43,400 £8,150
Running Total £158,700 £16,450
April £49,000 £45,000
Running Total £207,700 £61,450
May £52,700 £37,100
Running Total £260,400 £98,550
June £350,900 £29,300
Running Total £611,300 £127,850
July £48,750 £45,700
Running Total £660,050 £173,550
August £1,053,600 £19,000
Running Total £1,713,650 £192,550
September £54,000 £13,750
Running Total £1,767,650 £206,300
October £53,700 £6,200
Running Total £1,821,350 £212,500
November £49,800 £72,800
Running Total £1,871,150 £285,300
December £51,500 £3,200
Running Total £1,922 ,650 £288,500

 

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