Spain raises Intrastat thresholds 2015

Fri 6th Feb 2015

Spain has increased the reporting threshold for Intrastat dispatch and arrival reporting from €250,000 per annum to €400,000. The new threshold applies from 1 January 2015, and the first reporting period will be January 2015 as is due by 12 February.

Intrastat reporting

Intrastat is the EU reporting regime for declaring the movements of goods across internal EU borders. It includes sales to other companies and consumers, but also the movement of own goods to foreign warehouses. Typically, countries require separate reports for arrivals or dispatches once a company has passed the Intrastat threshold. Intrastat was introduced in 1993 when the single market was launched and customs on stock movements between EU member states was withdrawn.