Customs Information Paper 25 (2017)
Statistical Threshold: Sterling figure to apply for 2018.
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 EUR (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 Customs Procedure Codes 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.
2. Statistical Threshold to apply for 2018
The value of the statistical threshold for the UK in 2018 will remain at £873 because of the current pound and euro exchange rate, and the revised legislation brought in under the Union Customs Code.
For questions about the statistical threshold email: firstname.lastname@example.org
Issued on 24 October 2017 by Customs Strategy and Tax Design, Customs Directorate, HMRC.
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