Check the statistical threshold for the UK in 2020 (CIP17/2019)

Read about the statistical low value threshold figure for 2020.

Background

Statistical legislation lets member states apply an optional concession where items below a given statistical threshold may be aggregated in their trade statistics. The UK applies this concession. The non-EU statistical threshold is defined in legislation as 1,000 euros (in value) or 1,000kg (in net mass).

It allows simplified export declarations to be made for goods valued below the statistical threshold using export Customs Procedure Code (CPC) 1000097, and, for Memorandum of Understanding approved operators to use CPCs 1000067 and 1000077 along with supplementary declaration CPC 1000007. It can also be used for imports of goods under Merchandise in Baggage.

The UK conducts an annual review of the value aspect of the statistical threshold.

Statistical threshold to apply for 2020

Due to the current pound and euro exchange rate, and the revised legislation brought in under the Union Customs Code, the value aspect of the statistical threshold for the UK in 2020 will remain at £873.

Contacts

Questions about the statistical threshold should be e-mailed to: uktradeinfo@hmrc.gsi.gov.uk.

Issued on 20 December 2019 by Customs Directorate, HMRC.

 


• support: (t) 01784 240400 (e) helpdesk@asm.org.uk
• sales: (t) 01784 242200 (e) sales@asm.org.uk