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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Statistics of Trade (Customs and Excise) (Amendment) Regulations 2013 No. 3043 URL: http://www.bailii.org/uk/legis/num_reg/2013/uksi_20133043_en_1.html |
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Statutory Instruments
Statistics Of Trade
Made
4th December 2013
Laid before Parliament
5th December 2013
Coming into force
1st January 2014
The Commissioners for Her Majesty's Revenue and Customs(1) make the following Regulations in exercise of the powers conferred by section 2(2) of the European Communities Act 1972(2).
The Commissioners have been designated(3) for the purposes of section 2(2) in relation to the receipt, regulation and control of statistics relating to the trading of goods between the United Kingdom and other Member States.
1. These Regulations may be cited as the Statistics of Trade (Customs and Excise) (Amendment) Regulations 2013 and come into force on 1st January 2014.
2. (1) The Statistics of Trade (Customs and Excise) Regulations 1992(4) are amended as follows.
(2) In regulation 3(3), for "£600,000" substitute "£1,200,000".
(3) In regulation 4(3), for "£16,000,000" substitute "£24,000,000".
Edward Troup
Nick Lodge
Two of the Commissioners for Her Majesty's Revenue and Customs
4th December 2013
(This note is not part of the Regulations)
These Regulations, which come into force on 1st January 2014, amend the Statistics of Trade (Customs and Excise) Regulations 1992 ("the Principal Regulations").
Intrastat is the regime established for the purposes of collecting European Union statistics relating to the trading of goods between Member States. Intrastat is established by Regulation (EC) 638/2004 of the European Parliament and of the Council (OJ No L 102, 7.4.04, p1) and implemented by Commission Regulation (EC) 1982/2004 (OJ No L 343, 19.11.04, p3). This is supplemented in the United Kingdom by the Principal Regulations.
Intrastat information is provided by traders to the Commissioners for Her Majesty's Revenue and Customs in their capacity as the national authority responsible for the collection of the information required by the regime.
These Regulations increase the threshold, expressed in terms of annual value of intra-European Union trade, at or below which a business is exempt from providing any Intrastat information. The threshold applies separately for goods dispatched and goods received.
Regulation 2(2) amends regulation 3(3) of the Principal Regulations to increase the arrivals exemption threshold.
Regulation 2(3) amends regulation 4(3) of the Principal Regulations to increase the threshold, also expressed in terms of annual value of intra-European Union trade, above which an additional piece of information known as ‘delivery terms' must be provided.
A Tax Information and Impact Note (TIIN) covering this instrument will be published on the HMRC website at http://www.hmrc.gov.uk/thelibrary/tiins.htm.
The functions of the Commissioners of Customs and Excise were transferred to the Commissioners for Her Majesty's Revenue and Customs by section 5 of the Commissioners for Revenue and Customs Act 2005 (c. 11). Section 50(1) of that Act provides that a reference to the Commissioners of Customs and Excise shall be taken as a reference to the Commissioners for Her Majesty's Revenue and Customs.
1972 c. 68; section 2(2) has been amended by section 27(1)(a) of the Legislative and Regulatory Reform Act 2006 (c. 51) and Part 1 of the Schedule to the European Union (Amendment) Act 2008 (c. 7).
S.I. 1992/2790, amended by S.I. 2004/3284, 2006/3216, 2009/2974, 2011/1043 and 2012/532. There are other amending instruments but none is relevant.
