The so called Intrastat returns have been collected since the introduction of the single market in 1993.
They require all VAT registered traders to declare the value of their intra-EU trade on their VAT returns.
The new threshold, effective from January 1, 2000, has been fixed to ensure Customs and Excise can cover the same percentage of trade as in previous years.Thresholds have risen on January 1 each year since the statistics were introduced.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel