VAT registered businesses that are required to submit declarations of arrivals (EU imports) trade received from other EU Member States and/or provide Delivery Terms information on an Intrastat declaration should note the following changes to Intrastat thresholds effective from 1 January 2014
- the exemption threshold for arrivals is increased from £600,000 to £1,200,000
- the Delivery Terms threshold is increased from £16 million to £24 million
- the exemption threshold for dispatches (EU exports) remains unchanged at £250,000