HMRC published a document regarding the Intrastat obligations for UK businesses after 1 January 2021.
“If you are currently a registered Intrastat business or in the coming year you exceed the Intrastat exemption threshold, which is £1,500,000 for EU imports (arrivals) and/or £250,000 for EU exports (dispatches), then you must submit Intrastat declarations in 2021 for the following movement of goods:
- Goods imported into Great Britain (GB) from the European Union (EU)
- Goods imported into Northern Ireland (NI) from the EU
- Goods exported from NI to the EU
You do not have to submit Intrastat declarations for goods exported from GB to the EU.”
Source: HMRC
Direct link to document: HMRC
Latest Posts in "United Kingdom"
- UK Implements EPR Scheme: Producers Pay Fees for Packaging Waste Management Starting 2025
- Rachel Reeves Considers VAT Adjustments Amid Budget Challenges Despite Labour’s Pledge
- Cayman Implements New Taxes on Imported Vehicles
- Tribunal Rules Nitrous Oxide Not Zero-Rated Food in Telamara VAT Case
- HMRC Updates VAT Notice 700/18: New Guidelines for Bad Debt Relief Claims
