VAT INTRASTAT RETURNS

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VAT INTRASTAT RETURNS
CHALLENGING VAT CALCULATIONS MADE EASY

The Intrastat system was first launched in 1993 and is used to collect information about trading with the EU. Any business that is registered for VAT and which trades in goods with an EU member state must provide details of their transactions for statistical purposes via the Intrastat system. Acquisitions, imports and purchases are known as Arrivals, and removals, exports and sales are known as Dispatches. All businesses registered for VAT have to demonstrate the entire value of any goods that they have dispatched to EU member states and the total amount of arrivals that they have received in their VAT return. Navigating the complexities of the VAT and Intrastat Returns system can be challenging, but an expert VAT accountant from our skilled team can guide you through the process.

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