Are you pushing the (new) limit?
If you’re reading this article, you’re most likely well-familiar with the fact that all VAT-registered companies that engage in intra-community trade in goods within the EU must supply Intrastat declarations. If not, you’re either non-compliant or exempted from providing Intrastat returns; we’re hoping for the latter.
However, if you’ve been diligently filing your intrastat in the past, the updated thresholds could mean that you can join the exempted in a few Member States yourself. But before we get ahead of ourselves, let’s touch base on the newly adjusted thresholds for particular Member States and whether or not your business trade could be affected. Here's what you need to know:
Intrastat returns or declarations measure the movement of goods across EU member states. This statistical report is due in every Member State if the goods arrived or dispatched surpass the relevant country threshold. These declarations must be submitted monthly or quarterly, depending on the company's Intra-community trade volumes. Deadlines for submission also differ depending on the Member State. Each Member state has fixed national thresholds that are reviewed annually and occasionally changed. These thresholds apply separately to arrivals and dispatches. The most recent changes occurred on 1 January 2023 and involved 15 Member States.
Once this threshold is surpassed, you're required to submit two separate declarations;
The purpose of the thresholds is also to exempt specific companies from having to submit Intrastat returns if they're performing a lower number of intra-Community transactions.
To ensure that your business complies with EU Intrastat rules, requirements, and deadlines, you must frequently check the updated yearly thresholds. The most recent changes are as follows;
Updated Intrastat thresholds 2023 |
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Country |
Arrivals 2023 |
Dispatches 2023 |
Bulgaria |
BGN 700,000 |
BGN 1,000,000 |
Croatia |
EUR 400,000 |
EUR 200,000 |
Cyprus |
EUR 270,000 |
EUR 75,000 |
Denmark |
DKK 22,000,000 |
DKK 11,000,000 |
Estonia |
EUR 270,000 |
EUR 400,000 |
Finland |
EUR 800,000 |
EUR 800,000 |
Hungary |
HUF 250,000,000 |
HUF 140,000,000 |
Latvia |
EUR 330,000 |
EUR 200,000 |
Lithuania |
EUR 500,000 |
EUR 300,000 |
Luxembourg |
EUR 250,000 |
EUR 200,000 |
Poland |
PLN 5,000,000 |
PLN 2,700,000 |
Portugal |
EUR 400,000 |
EUR 400,000 |
Romania |
RON 1,000,000 |
RON 1,000,000 |
Slovenia |
EUR 200,000 |
EUR 270,000 |
Sweden |
SEK 15,000,000 |
SEK 4,500,000 |
In addition to the updated Intrastat thresholds announced by some Member States, The Netherlands has decided to remove Intrastat thresholds starting in 2023. Instead, The Netherlands are following a similar approach as in France, where authorities will notify taxpayers when they become required to submit Intrastat returns. This process will involve The Statistics Authorities monitoring the amount of intra-Community transactions performed by Dutch taxpayers based on their VAT returns.
VAT thresholds, treatment and deadlines can change without a moment's notice. Instead of continuously playing catch-up, stay in the loop and up to date with all the latest registration and filing requirements. Curious about how the new thresholds apply to your specific trade? Get in touch with our advisory where we provide innovative practical business advice that guarantees compliance.