VAT News

INTRASTAT Submissions - Brexit impact

22.10.2019

Whilst there had been commentary that the requirement to submit INTRASTAT would stop and instead the movement of goods would be recorded through the existing Extrastat system, we’ve noted the following statement on the UK Trade site:

“After the UK leaves the EU, businesses currently registered for Intrastat will need to continue to provide HMRC with Intrastat declarations for the movement of goods between the UK and EU member states for statistical purposes. This must be done in the normal way by 21st of each month.”

Whilst ESLs will no longer be required, it now seems that INTRASTAT declarations will remain until further notice. 

Through the South and Mid Wales Chamber of Commerce, Centurion are delivering a series of government funded VAT sessions to help businesses plan for a No Deal Brexit. To register for these events please contact the Chamber: email info@southwaleschamber.co.uk or tel. 01633 254041