In addition to VAT returns, foreign companies trading in the UK may be required to complete statistical reports, ‘Intrastat’, on the movement of goods across the national borders. This can include sales to other companies as well as the movement of goods by the same company. The authority responsible for the implementation of Intrastat reporting rules in the UK is HMRC.
When do UK Intrastat reports have to be completed?
If resident or non-resident companies move goods across the UK national border to or from other EU countries, there may be a requirement to complete monthly Intrastat reporting.
Intrastat filings list the goods sent out of UK, ‘dispatches’, as well as goods brought into UK, ‘arrivals’. It is a system introduced in the UK following the 1993 launch of the EU free trade market since customs borders and reporting were withdrawn. Intrastat does not apply if the goods are coming in from outside of Europe (‘imports’) or being sent out of the EU (‘exports’).
What are the UK Intrastat reporting thresholds?
Intrastat returns, or supplementary declarations (SDs), need only be completed once the reporting thresholds are exceeded. The threshold for UK Intrastat arrivals is £1,500,000. The threshold for UK Intrastat dispatches is £250,000.
British Intrastat thresholds (per annum)
What information is included in a UK Intrastat filing?
Each movement of goods across the UK national border to another EU country must be listed.
This shipment lists should include the trade classification, value, quantity, weight, commodity code and country of arrival or dispatch.
Latest British news
December 12, 2018
On 12 December, the European Commission published details of a new rule which would make large online marketplaces responsible for calculating, collecting and remitting VAT on certain B2C cross-border transactions below €150. Where goods are imported by an EU or non-EU merchant, and then sold via a marketplace in another EU country..
December 10, 2018
The UK’s HMRC has written to all VAT-registered businesses that trade with the EU to recommend immediate actions in the case of a no-deal Brexit on 29 March 2019. This is over 140,000 businesses.
November 26, 2018
The EU27 governments have now agreed the Brexit Withdrawal Agreement (WA) which sets out the terms of the UK’s exit from the EU on 29 March 2019....
- United Kingdom
- Czech Republic