VAT news tagged as "Arrivals"

Bulgaria

Bulgaria lowers Intrastat thresholds

December 30th, 2016

Bulgaria is to lower the reporting threshold for Intrastat filings from 1 January 2017. The new threshold for reporting arrivals of goods from other EU member states will be BGN 410,000, down from BGN 460,000 per annum. The dispatches threshold will also drop from BGN 260,000 to BGN 240,000 per annum. Intrastat is the monthly …


Germany

Germany Intrastat threshold rise to €800,000

September 20th, 2015

German is to increase its Intrastat arrivals (Eingang) threshold from €500,000 to €800,000 per annum from 1 January 2016. There will be no increase to the dispatches (Versand) threshold of €500,000. Intrastat and movements of goods Intrastat is a reporting requirement for businesses moving goods across EU internal borders – excludes imports or exports. It …


United Kingdom

UK raises Intrastat threshold

December 13th, 2014

The UK is to raise the annual reporting threshold for Intrastat reporting. The limit for Arrivals (goods arriving from other EU member states) is being raised from £1.2m to £1.5m. The limit for Dispatches (goods leaving the UK for other EU member states) will remain unchanged at £250,000. Intrastat is the reporting regime accompanying VAT. …


United Kingdom

UK consultation on simplifying and modernising Intrastat

January 25th, 2014

The UK’s HMRC released this week a consultation on ideas to simply and modernise Intrastat filings. EC to ease Intrastat compliance burden The consultation has been launched off the back of an EU initiative from Eurostat to reduce the compliance requirements for Intrastat.  Intrastat is the reporting schedule EU VAT registered companies must complete to …


Bulgaria

Bulgaria changes 2014 Intrastat reporting threshold

January 6th, 2014

Bulgaria has changed its 2014 Intrastat reporting threshold.  These determine the annual amounts which taxable persons that are Bulgarian VAT registered in a country must start to complete monthly Intrastat detailing goods movements in and out of Bulgaria to other EU member state countries. The current arrivals (imports from other EU member states) threshold of …


Slovakia

Slovakia’s new VAT Act introduces new reporting obligations

October 5th, 2013

New amendments to the Slovakian VAT Act introduce new reporting and compliance measures for VAT registered businesses.  Some of these follow recent similar new VAT reports in Italy, Hungary and Romania. The Slovakian VAT changes include: A requirement to produce a new statement of the domestic supplies of VAT’able goods or services to Slovakian VAT …