1.[F1The Commissioners for Her Majesty's Revenue and Customs] shall calculate [F2the] thresholds for the year following the current calendar year on the basis of the latest available results for [F3the relevant] trade F4... over a period of at least 12 months. The provisions adopted at the start of a year shall apply for the whole year.
2.The value of the trade of a party responsible for providing information is considered to be above the thresholds:
(a)when the value of [F5relevant] trade F6... during the previous year exceeds the applicable thresholds, or
(b)when the cumulative value of [F7relevant] trade F8... since the beginning of the year of application exceeds the applicable thresholds. In that case, information shall be provided from the month in which thresholds are exceeded.
F93.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F103a.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4.For individual transactions whose value is less than [F11£175], the parties responsible for providing information may report the following simplified information:
the product code 9950 00 00,
the partner Member State,
the value of the goods.
F12...
Textual Amendments
F1Words in Art. 13(1) substituted (31.12.2020) by The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 4(5); 2020 c. 1, Sch. 5 para. 1(1)
F2Word in Art. 13(1) substituted (31.12.2020) by The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 5(1)(f)(i); 2020 c. 1, Sch. 5 para. 1(1)
F3Words in Art. 13(1) substituted (31.12.2020) by The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 5(1)(f)(ii); 2020 c. 1, Sch. 5 para. 1(1)
F4Words in Art. 13(1) omitted (31.12.2020) by virtue of The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 5(1)(f)(iii); 2020 c. 1, Sch. 5 para. 1(1)
F5Word in Art. 13(2)(a) inserted (31.12.2020) by The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 5(1)(g)(i); 2020 c. 1, Sch. 5 para. 1(1)
F6Words in Art. 13(2)(a) omitted (31.12.2020) by virtue of The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 5(1)(g)(ii); 2020 c. 1, Sch. 5 para. 1(1)
F7Word in Art. 13(2)(b) inserted (31.12.2020) by The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 5(1)(g)(i); 2020 c. 1, Sch. 5 para. 1(1)
F8Words in Art. 13(2)(b) omitted (31.12.2020) by virtue of The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 5(1)(g)(ii); 2020 c. 1, Sch. 5 para. 1(1)
F9Art. 13(3) revoked (31.12.2020) by The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 4(2); 2020 c. 1, Sch. 5 para. 1(1)
F10Art. 13(3a) revoked (31.12.2020) by The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 4(2); 2020 c. 1, Sch. 5 para. 1(1)
F11Sum in Art. 13(4) substituted (31.12.2020) by The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 5(1)(h); 2020 c. 1, Sch. 5 para. 1(1)
F12Words in art. 13(4) revoked (31.12.2020) by The Statistics of Trade (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/47), regs. 1(4), 4(2); 2020 c. 1, Sch. 5 para. 1(1)