The above Brief announces the Intrastat exemption and delivery terms thresholds will remain unchanged in 2012 from those set in 2011. Changes to reporting procedures that apply from 1 January 2012 are also outlined.

The exemption threshold for dispatches remains at £250,000 whilst the exemption threshold for arrivals is £600,000. The delivery terms threshold remains at £16,000,000

There are also a number of changes to reporting procedures with a reference period of January 2012 onwards.

Full details can be found in the Brief which is available at :- http://www.hmrc.gov.uk/briefs/vat/brief4411.htm and the revised Intrastat notice at :- http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&id=HMCE_CL_000267&propertyType=document