VAT Alert: Intrastat requirements for 2021

21 Oct 2020

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HM Revenue & Customs (HMRC) has published a set of FAQs relating to intrastat filing requirements for 2021. It had been suggested that once the UK left the EU VAT system and single market on 31 December 2020, intrastat reporting may no longer be required, however it was always a strong possibility that the UK authorities would want to continue to collect certain EU trade data.

The FAQs confirm intrastat reporting will still be required in 2021 for the following movement of goods:

  • Goods imported into Great Britain (GB) from the European Union (EU) 
  • Goods imported into Northern Ireland (NI) from the EU 
  • Goods exported from NI to the EU 

Intrastat reporting for goods shipped from GB to EU will not be required.

The reporting requirements in respect to movements to and from NI will remain in place for at least 4 years in line with the Northern Ireland Protocol, whilst the need to complete intrastat for imports into the GB from the EU will end after December 2021.

Intrastat reporting thresholds will remain unchanged.

Further information on intrastat is available here.