VAT news tagged as "Intrastat"


Changes to Italy’s filing frequency

July 4th, 2017

Law Decree 193, which was passed by the Italian Government back in October 2016, is now fully in effect. Under the Decree, the filing frequency of the transactional report in Italy, which replaces the former Spesometro, has been changed from annually to quarterly (bi-annually for 2017). Below is a summary of the 2017 changes. Quarterly …


Greece updates 2015 Intrastat thresholds

April 7th, 2015

The Greek VAT authorities have updated the reporting thresholds for Intrastat. The arrivals threshold has risen from €100,000 per annum to €150,000. The dispatches threshold has been unchanged and remains at €90,000 per annum. Intrastat reporting The Intrastat reporting regime was introduced into the European Union in 1993 with the creation of the EU’s Single …


Italy Intrastat amendments

February 26th, 2015

The Italian customs office has updated the requirements for Intrastat reporting. From the start of 2015, for each cross-border movement of goods or services the only information required will be: The VAT number of the customer dispatching/acquiring the goods The value of the goods transmitted The country of the customer The ID of the goods …


Spain raises Intrastat thresholds 2015

February 6th, 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 …


Italian VAT update

December 28th, 2014

The latest Italian VAT Decree contains a range of simplification measures, and was issued at the end of November. The VAT compliance changes include: Italian companies planning intra-community transactions will now be granted a VIES registration automatically, rather than the current 30-day approval period. Following an order from the European Commission, Italy has dropped the …

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. …


Austria to raise Intrastat threshold 2015

December 12th, 2014

The current reporting level is €550,000 for both goods moving into Austria (Arrivals) and goods leaving (Dispatches). From 1 January 2015, the new threshold will be €750,000 for both. Intrastat reporting Intrastat is the reporting regime applied across all 28 member states of the European Union. It helps governments track the movement of goods across …


Lithuania raises Intrastat reporting threshold

December 11th, 2014

The Lithuanian VAT authorities have confirmed that the annual turnover thresholds for Intrastat reporting are to rise from 1 January 2015. The new thresholds have also been restated in Euro’s for the first time following the adoption of the European currency from 1 January 2015. For the reporting of intra-community arrivals, the threshold will be …