The 2022 Intrastat supplementary declaration thresholds for goods moving between Northern Ireland and the EU will be £500k for arrivals (NI imports from the EU) and £250k for dispatches (NI exports to the EU). The current 2021 thresholds are £1.5m and £250k respectively. The delivery terms threshold will remain at £24m.
In line with the EU amendments regarding Intrastat reporting, businesses will also have to include the new requirement to supply details of ‘Partner VAT ID’ and ‘Country of Origin’ for dispatches declarations made in 2022. In addition, from 1 January 2022 Intrastat will only apply for movements of goods between Northern Ireland and the EU, and movements between Great Britain (England, Scotland and Wales) and the EU will no longer be covered by the Intrastat arrangements.
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[…] Source Mihaela Merz […]