HMRC’s trade statistics portal uktradeinfo has announced that businesses presently required to file periodic Intrastat declarations reporting the movement of goods between the UK and EU Member States will have a continuing obligation to do so after the UK leaves the EU. HMRC has cited the reasoning for this as that the information provided remains invaluable to the Government in providing key indicators on the UK economy, assisting in setting trade policies and in supporting businesses to assess market opportunities. Filing frequency and submission deadlines for these declarations will also remain unchanged.
UK: Requirement To File Intrastat Declarations To Continue After Brexit
Muazzam Malik
October 24, 2019
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Author
Muazzam Malik
Muazzam is a Regulatory Specialist at Sovos. Within Sovos’ Regulatory Analysis function, Muazzam is responsible for tracking changes to EU VAT legislation to manage and update form requirements to keep Sovos compliant. Muazzam graduated from Aston University in 2018 with a BSc (Hons) in Business and Politics.
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