VAT news tagged as "Declaration"

United Kingdom

UK raises 2014 Intrastat reporting thresholds

January 5th, 2014

The United Kingdom has updated the annual reporting thresholds for dispatches and arrivals of goods on Intrastat declarations from 1 January 2014. The thresholds will rise as follows: the arrivals’ (import of goods from other EU member states threshold will rise from GBP600,000 to GBP1,200,000 per annum; and the dispatches’ (exports to other EU member …


France

French customs simplifies importing

December 7th, 2009

French Customs have recently introduced changes to Customs Import Declaration (SAD) which is part of earlier reforms on French VAT registration requirements for foreign importers. In September 2006, the French VAT authorities introduced an additional reverse charge derogation to help stem the colossal losses arising from VAT frauds. This change eliminated most of the scenarios …