What are my filing obligations in 2025?
There is often confusion around whether returns need to be filed for Intrastat and VIES. Below we run through the rules around the obligations for businesses in 2025 that they need to be aware of.
Do you trade with any other country in the EU?
Traders involved in intra-Community supplies or acquisitions have responsibilities in VIES and Intrastat regimes. These traders must provide information to the VIMA section about their trade with other European Union (EU) Member States.
Intrastat
Changes to Intrastat reporting thresholds (effective 1 January 2025)
Starting from 1 January 2025, the annual thresholds for Intrastat reporting will increase as follows:
Arrivals (Intra-Community imports): Raised from €500,000 to €750,000 per annum.
Dispatches (Intra-Community exports): Raised from €635,000 to €750,000 per annum.
Businesses involved in intra-community trade should review their reporting obligations to ensure compliance with these updated thresholds.
Intrastat returns are filed monthly.
Failure to comply with Intrastat regulations may result in a fine of €1,265. For continued violations, an additional fine of €60 per day.
VAT Information Exchange System (VIES)
Irish VAT registered traders who zero-rate goods, services or both to a VAT registered trader in another Member State must submit a VIES statement.
This applies regardless of the value of the goods or services.
VIES returns are normally filed quarterly.
Failure to comply with VIES regulations can result in a penalty of €4,000.
Another Key Point to Remember:
- All VAT registered traders must complete boxes E1 and E2 on their VAT 3 returns.
- The VIMA office can be contacted by email – vimahelp@revenue.ie.
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