Changes will only apply from the beginning of a calendar year and you must make sure that you operate according to the threshold level currently set. The thresholds are reviewed annually, with any change normally announced towards the end of the preceding year. To do this you use a form known as an Intrastat Supplementary Declaration ( SD), which you need to submit electronically. If you are a business registered for VAT in the UK and dispatch goods from Northern Ireland to EU member states or receive arrivals of goods in Northern Ireland from EU member states with a value exceeding a legally set threshold (read paragraph 3.1), then you must submit information about the movement. 2.3 Businesses required to submit Intrastat declarations The commercial world uses statistics to assess markets both within the UK (for example, to assess import opportunities) and externally (for example, to establish new markets for its goods). Government departments use the statistics to help set overall trade policy and generate initiatives on new trade areas.īeyond the UK, trade statistics data are used to set trade policy and inform decisions made by such institutions as the European Central Bank, EU institutions, the United Nations and the International Monetary Fund. The Bank of England uses monthly trade data as part of its key indicators for gauging the state of the UK and world economic environment to set interest rates each month. The Office for National Statistics ( ONS) uses the monthly trade in goods figures collected by HMRC together with the trade in services survey to produce the BOP and NA figures. The information collected by the Intrastat system covering Northern Ireland’s trade with the EU is an important component for Balance of Payments ( BOP) and National Accounts ( NA) data, which is regarded as an important economic indicator of the UK’s performance. the close link with the VAT system is an essential feature in complying with Intrastat and also provides a means of checking the information supplied.only movements which represent physical trade in goods (read section 16) are covered by Intrastat, although there are some movements that are excluded (read paragraph 5.4).you must not include information on the supply of goods between Great Britain and the EU in boxes 8 and 9 of the VAT Return.you must not include the supply of services in boxes 8 and 9 of the VAT Return.the supply of services is excluded from Intrastat.movements moving between Great Britain (England, Scotland and Wales) and EU member states are excluded from Intrastat (information is collected from customs declarations).Northern Ireland and EU trade statistics are compiled from information provided by those businesses required to provide Intrastat declarations, customs declarations and estimations made using information on the VAT Return. Intrastat is the name given to the system in the UK for collecting statistics on the trade in goods between Northern Ireland and EU member states. UK Trade Info Customer Services (Intrastat)Ģ.Intrastat 2.1 An explanation of Intrastat Write to HMRC if you would like early notification of news about Intrastat, including any changes or detailed information sheets about particular subjects: Information about Intrastat is also available on the UK Trade Info website. If you cannot find your answer here, you can call the Excise helpline. This notice provides general guidelines and information on some special arrangements. You do not need to submit a declaration for goods you move from Great Britain (England, Scotland and Wales) to the EU. You must submit Intrastat declarations for goods you move between Northern Ireland and the EU. It has detailed instructions on the arrangements for giving the information required, including areas where special arrangements apply. This notice gives information about Intrastat for businesses trading in goods between Northern Ireland and member states of the EU who are required to submit Intrastat declarations. 1.Introduction 1.1 What this notice is about
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