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M22025.1 - The Intrastat Declaration System (Online)

  • 4 Feb 2022
  • 13:30 - 14:30
  • Online Webinar

Registration

Registration Time: 13:15
Sessions Time: 13:30 - 14:30 
Speaker: Mr Joseph Galea
Venue: Online Webinar
Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: Free for paid up membership
Non-MIA Members: €25.00
Retired Members: Free
Students: €10.00

Background Information

International Trade in Goods Statistics (ITGS) are an essential part of Malta’s system of economic statistics. They are an integral part of the country’s balance of payments, a key input in national accounts data, and are regarded as an important economic indicator of the performance of the Maltese economy. As a very open economy, Malta is heavily dependent on international trade. ITGS are compiled from two main sources, namely Customs data for non-EU imports/exports, and Intrastat for EU imports/exports. Customs Data are recorded by the Customs Department, while Intrastat data is collected directly from traders through an online portal, namely the Intrastat Supplementary Declaration System.

Topics on the agenda

  • The Intrastat Declaration System Legislation
  • The Intrastat Account Application Form
  • The Intrastat Declaration System Online Form
  • The Intrastat Excel Schema File for Declaring Multiple Items.
  • The Intrastat in Goods Statistics (ITGS) Website.

Why is the session of relevance to our members?

Any accountant who manages accounts of clients should be interested in knowing about the Intrastat Declaration System, so that they can inform their clients about this obligation and what it entails. Imports/exports from/to the EU could be registered by accountants on behalf of their clients.

Target Audience 

Traders, Freight Forwarders, Couriers, Accountants, Auditors

SPEAKER's Profile

Joseph Galea joined the National Statistics Office (NSO) in 2007 as a Statistician. He was entrusted with the task of building the Transport Statistics section within the Tourism Statistics Unit. In December 2019, he was promoted to Head of Unit, first of the Tourism and Education Statistics Unit, and later within the International Trade in Goods Statistics (ITGS) Unit. The ITGS Unit is responsible for the collection, production and dissemination of detailed data on imports and exports of goods. In recent months, the Unit embarked on a series of projects aimed at enhancing both the quality and quantity of international trade data. One such exercise is currently underway and involves improving the coverage of trade data by collaborating with the Office of the Commissioner for Revenue to raise awareness of the legal obligation of traders to record trade in goods data in Intrastat, the online tool used for this purpose.
 

EVENT CPE COMPETENCES


1 Hour Core


WEBINARS TERMS AND CONDITIONS


Terms and conditions  apply


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