Guide

Intrastat - reporting the value and volume of intra-EU trade

Introduction

VAT-registered businesses that trade in goods with other European Union (EU) member states are required to provide details of these transactions, which are used for statistical purposes. Intrastat is the system used to collect these statistics.

Movements of goods between EU member states are called arrivals, or acquisitions; and dispatches, or removals (rather than imports or exports as these terms instead define trade with countries that do not belong to the EU).

All VAT-registered businesses, regardless of their intra-EU turnover, must show the total value of goods dispatched to other EU member states in box 8 and the total arrivals of goods acquired from other EU member states in box 9 of their VAT return.

In addition, those who trade in the EU above either or both of the Intrastat exemption thresholds must also complete monthly Supplementary Declarations (SDs). The current annual thresholds are £1.5 million for arrivals and £250,000 for dispatches.

Larger businesses that trade above the Intrastat delivery terms threshold of £24 million must also specify delivery terms information on their SDs.