Using the funds in your EUR and GBP accounts to pay VAT authorities in Europe and the UK is quick, easy, and best of all, free.
You Could End Up Paying 3% – 4% In Total Fees!
Save Thousands Annually in Fees!
Enter your payment details and we’ll take care of the rest.
You’ll know exactly when your payment is delivered for peace of mind.
That’s right, there are ZERO fees when paying VAT from your Payoneer balance.
Pay EU and UK VAT from your Payoneer account for free and save on costly conversion and transfer fees.
Choose the country to which
you need to pay VAT.
Enter payment details including the amount,
bank account, and VAT number.
Click ‘PAY’ after reviewing your information.
And you’re done!
Get a virtual account that can receive payments via local bank transfer in EUR, USD, GBP and more.
Need dollars but getting paid in euros? Easily transfer your funds for your business needs.
You can find a list of recommended VAT agents here (under VAT tab).
If you paid import VAT on merchandise that did not sell or sold at a price lower than you originally declared, you may be owed a VAT refund. For VAT refunds from HMRC (United Kingdom) or the German Finanzamt, provide the tax authority with your Global Payment Service receiving account details in the applicable currency to receive refunds directly to your Payoneer balance.
If you are owed a VAT refund by a different tax authority, contact us.
You can download the statement before you have finished connecting your store.
Your payment will reach the VAT authority shortly after the payment is made. The time it takes for the VAT authority to process the payment will vary by country; please allow 10-14 business days for the VAT authority to process your payment.
We currently support automated payments only from the balance that corresponds to the currency you would like to pay in. For example, if you are paying to the UK VAT authority the payment will be made from your GBP balance.
If you don’t have enough to cover the payment in your balance, you can now transfer money from one currency balance to another, subject to limitations and eligibility requirements.
Have more questions? View the full VAT FAQs
Our small company had the opportunity to do business internationally, but found that the banking sector was trailing behind in its ability to meet our needs. Thank goodness for Payoneer! Payoneer knew exactly what was required and did it – no bells, no whistles. It just worked. And just as we were thinking how good it would be if we could pay our VAT liability in Euros, Payoneer was there again, offering exactly that. Payoneer has saved us time and money and has more than met our expectations.
JustGlobes.co.uk
Use your GBP or EUR balance in your Payoneer account to pay your VAT absolutely free of charge.
To learn more about paying VAT from your Payoneer account, click here