Questions: Intrastat declaration
- Select the relevant Intrastat options in the SOP settings Intrastat and POP settings Printing tabs.
- Generate Intrastat Entries to add transactions from SOP and POP to your Intrastat declaration.
Open: Accounting System Manager > Intrastat > Generate Intrastat Entries.
You can add the commodity codes and weights to your stock records.
Open: Stock Control > Stock Records > Amend stock Item Details | Analysis.
Open: Accounting System Manager > Intrastat (SSD) > Intrastat Entry Maintenance.
This means that you have chosen to consolidate low value threshold transactions on your Intrastat declaration, by selecting Enable Intrastat Consolidation on the System Settings Operations tab.
Any order lines below a specified low value threshold for each destination/arrival country, are added together to create one entry on the Intrastat.
The consolidated transactions for each destination / arrival country appear on the declaration with the following information:
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Commodity Code: 9950 0000.
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Country of Destination / Arrival Consignment: Relevant country code
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Nature of Transaction: 1
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Net Mass: 1
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Value: Total of low value goods for the destination /arrival country.
The Nature of Transaction (NoTC) and Net Mass are always displayed as 1, as this information is not required for consolidated transactions.
Note: You can only do this for Northern Ireland (for HMRC).
Open: Accounting System Manager > Settings > System Settings.
- Move to the Operation Settings tab.
- Select Enable Intrastat Consolidation.
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Check the low value threshold amount in Consolidate Intrastat entries with a value less than.
As of August 2018, the low value threshold was £175 (HMRC). For more information about the low value threshold, see UK Trade Info - Low Value Threshold (opens in a new tab).
Low value transactions (also called low value consignments) are the total value of any lines (not the value of individual items on a line) on a sales invoice or purchase invoice that fall below the low value threshold.
As of August 2018, the low value threshold was £175 (HMRC). For more information about the low value threshold, see UK Trade Info - Low Value Threshold (opens in a new tab).
When the draft or final Intrastat declaration is produced, any order line values that fall below the threshold are consolidated into one entry per destination/ arrival country.
Each entry has the commodity code 9950 0000.
The following invoices are entered in Sage 200:
-
A purchase invoice from France for the following:
Item Commodity Code Item Value No of items Total Line value 6500 9800 20 6 120 This is reported on the Intrastat as:
Item Commodity Code 9950 0000 Country of Destination / Arrival FR Value 120 -
A purchase invoice from France for the following:
Item Commodity Code Item Value No of items Total Line value 6500 9800 20 6 120 6500 9800 30 3 90 This is reported on the Intrastat as:
Item Commodity Code 9950 0000 Country of Destination / Arrival FR Value 210 -
A purchase invoice from Germany for the following:
Item Commodity Code Item Value No of items Total Line value 7200 6300 20 6 120 6500 9800 30 4 120 This is reported on the Intrastat as:
Item Commodity Code 9950 0000 Country of Destination / Arrival DE Value 240 -
A purchase invoice from France for the following:
Item Commodity Code Item Value No of items Total Line value 7200 6300 20 6 120 6500 9800 30 5 150 This is reported on the Intrastat in 2 lines:
Item Commodity Code 9950 0000 Country of Destination / Arrival FR Value 120 and
Item Commodity Code 6500 9800 Country of Destination / Arrival FR Value 150
The Intrastat declaration for these four invoices would show the following entries:
| Item Commodity Code | Country of Destination/Arrival | Value |
|---|---|---|
| 9950 0000 | FR | 450 |
| 6500 9800 | FR | 150 |
| 9950 0000 | DE | 240 |
Yes. All the Intrastat transactions are listed individually in the Intrastat Entry Maintenance window.
Open: Accounting System Manager > Intrastat (SSD) > Intrastat Entry Maintenance.
- To only display the consolidated transactions, set the Goods value from filter to From £ 0 to 130 (the lower value transactions threshold).
Note: You can only do this for Northern Ireland (for HMRC).
No. The process of consolidation has been made available so that businesses who have a large volume of low value transactions, can submit their transactions this way.
You can stop using the consolidation option at any point.
Open: Accounting System Manager > Settings > System Settings | Operational settings.
- Clear Enable Intrastat Consolidation.
- Produce the draft or final intrastat declaration. All the transactions are listed without consolidation.
Goods which are supplied free of charge, must be reported on the Intrastat declaration using the normal sales or purchase price of the goods.
The HRMC Notice 60: Intrastat general guide (opens in a new tab), section 21.4 states:
Goods which are supplied or received free of charge may not have a taxable value, but do have a positive value for statistics. This must be reported with full line detail (using NoTC 3) on a Supplementary Declaration. The value of free of charge goods will normally be the amount which would have been invoiced in the event of a sale or purchase of the goods. If you are having difficulty arriving at a value see paragraph 5.7.
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Overview
Other tasks
Intrastat options (SOP settings / Invoice and order settings)
Printing and Intrastat (POP settings)
Analysis details (stock record)
Produce a draft Intrastat declaration
Produce final Intrastat declaration
Reconcile an Intrastat declaration
Reference
Revenue (revenue.ie) (opens in a new tab)