Ari Kohn
Ari Kohn | Payoneer Team

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.

Without Payoneer’s
VAT Payment Service:

  • Pay a fee to withdraw funds to your bank account
  • Pay a fee to wire the VAT payment
  • Pay a fee to convert funds into the currency required by the VAT authorities

With Payoneer’s
VAT Payment Service:

  • Skip withdrawing funds to your bank account
  • Pay VAT for FREE from your Payoneer balance
  • Skip converting funds into the currency required by the VAT authorities

What’s in it for you?

Simplify your VAT payments

Enter your payment details and we’ll take care of the rest.

Get instant confirmation

You’ll know exactly when your payment is delivered for peace of mind.

Did we mention it’s free?

That’s right, there are ZERO fees when paying VAT from your Payoneer balance.

How does it work?

Pay EU and UK VAT from your Payoneer account for free and save on costly conversion and transfer fees.

  • Step 1

    Choose the country to which
    you need to pay VAT.

  • Step 2

    Enter payment details including the amount,
    bank account, and VAT number.

  • Step 3

    Click ‘PAY’ after reviewing your information.
    And you’re done!

What can you do with your funds?

Get local receiving accounts

Get a virtual account that can receive payments via local bank transfer in EUR, USD, GBP and more.

Learn More

Convert funds to different currencies

Need dollars but getting paid in euros? Easily transfer your funds for your business needs.

Learn More

Get answers in our FAQs

Where can I get help with VAT registration and filing?

You can find a list of recommended VAT agents here (under VAT tab).

How can I receive VAT refunds directly to my Payoneer balance?

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.

How do I request a statement for Amazon?

  1. Log in to your Payoneer account.
  2. From the main menu, go to Activity and choose Store Manager.
  3. Inside Store Manager, select the relevant store and click on Download Statement.

You can download the statement before you have finished connecting your store.

How long does it take for my payment to reach the VAT authorities?

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.

Can I use a different currency balance to make a VAT 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