Intrastat – reporting on movement of goods between EU member states – reporting threshold to rise 1 January 2022
Finland has increased its Intrastat reporting thresholds for 2022 as follows
- Arrivals: increased to €700,000 per annum from €600,000
- Dispatches: increased to €700,000 per annum from €600,000
Check EU intrastat thresholds across the 27 member states, including Northern Ireland – EU Intrastat special requirements after Brexit.
Intrastat reporting was introduced at the time of the launch of the EU Single Market in 1993 following the dropping of customs checks and reporting on movement of goods between EU member states. Intrastat enables customs and tax authorities to track trade, but increasingly to identify VAT fraud.
Intrastat headings:
- Reporting period
- Type of declaration
- Customs Chamber Code
- Consignee (for import) or consignor (for export)
- Representative
- Total invoice value
- Total number of items
- Item number
- Item description
- Country of dispatch or destination code
- Transaction type code
- Item code
- Country of origin code
- Net weight
- Quantity in the supplementary measurement unit
- Invoice value
- Person filling in
- Counterparty’s VAT identification number
