Intrastat is not a tax return, it is a declaration that provides data about statistics concerning the movement of goods from one member state of the European Union to another.
WHO MUST FILE THIS DECLARATION
Individuals and legal entities that trade in goods with other countries of the European Union must file this declaration.
AMOUNTS THAT DETERMINE WHETHER YOU MUST PRESENT THE INTRASTAT DECLARATION OR NOT
- According to the arrivals of goods (purchases)
The operators that have incoming intra-community transactions in the current year or the previous year for an amount of over €400,000.
- According to the goods dispatched (sales)
The operators that have outgoing intra-community transactions in the current year or the previous year for an amount of over €400,000.
Intrastat declarations have to be submitted separately for goods coming into a country and those being dispatched.
- From January, 2021 all goods flowing to and from Spain and the United Kingdom are no longer considered to be intra-community transactions and therefore they do not have to be declared in the Intrastrat system.
However, those that come from or go to Northern Ireland will continue to be declared in the Intrastat system.
DEADLINE TO PRESENT THE DECLARATION
The deadline to present the Intrastat return is the 12th day of the month after the month when the declared transactions take place or if the 12th is a Saturday, Sunday or a public holiday, the deadline is moved to the next working day.