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Where Taxpayers and Advisers Meet
2011 Intrastat Reporting Thresholds Announced
23/11/2010, by Lee Sharpe, Tax News - HMRC Administration, Practice and Methods
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HM Revenue & Customs has announced that the reporting thresholds for the 2011 calendar year will remain as for 2010, i.e.,

Dispatches from the UK £250,000

Arrivals to the UK £600,000

Businesses are not required to make Supplementary Declarations if the value of their goods entering or leaving the UK falls below the above limits.

The threshold at which the more detailed Delivery Terms information must be provided, also remains at £16,000,000.

For further information, see Intrastat - Thresholds from 1 January 2011

About The Author

Lee is TaxationWeb's Articles & News Editor and writes for TaxationWeb. He is a Chartered Tax Adviser with experience of advising individuals and owner-managed businesses over a broad spectrum of tax matters.
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