The United Kingdom has updated the annual reporting thresholds for Intrastat declarations from 1 January 2014. For arrivals (import of goods from other EU member states) the threshold will rise from GBP600,000 to GBP1,200,000 per annum; and for dispatches’ (exports to other EU member states) the annual threshold will remain as GBP250,000. The delivery terms threshold will also be increased to GBP24million.
Related Posts
UK: HMRC issues guidance on Pillar Two multinational top-up tax, domestic top-up tax returns
July 02, 2026
The UK’s His Majesty’s Revenue and Customs (HMRC) has published a guidance, on 30 June 2026, on the process for submitting returns for Pillar Two top-up taxes in the UK, Pillar Two top-up taxes submission of returns (Notice 3). This notice
Read More
UK: HMRC consults VAT relief for social housing land
June 30, 2026
The UK’s His Majesty Revenue and Customs (HMRC) has launched a public consultation on the VAT treatment of land sales intended for the construction of new social housing, including a proposal to introduce a new VAT zero-rate on 23 June
Read MoreUK: HMRC proposes capital gains tax relief changes for business asset gifts
June 30, 2026
The UK’s His Majesty's Revenue and Customs (HMRC) has published a policy paper and draft legislation setting out reforms to the Capital Gains Tax (CGT) relief available for gifts of business assets. The policy paper, published on 23 June 2026,
Read More
UK consults mandatory registration for customs intermediaries
June 30, 2026
The UK’s HMRC has launched a consultation on plans to introduce mandatory registration for customs intermediaries that submit customs declarations on behalf of traders, as part of wider efforts to improve compliance, protect revenue and
Read MoreUK announces reforms to simplify tax system, strengthen customs enforcement
June 26, 2026
The UK government has unveiled a broad package of tax and customs reforms aimed at simplifying compliance, expanding digital services and strengthening tax enforcement. Announced in a statement by Exchequer Secretary to the Treasury Dan Tomlinson on
Read More
UK: HMRC clarifies electricity generator levy increase to 55% from July 2026
June 23, 2026
The UK’s HM Revenue & Customs has published a policy paper providing clarification of the increase in the Electricity Generator Levy (EGL) on 17 June 2026. As previously announced, the EGL rate will rise from 45% to 55% with effect from 1
Read More