For cross-border e-commerce sellers, efficiently completing tax payments is crucial. While VAT declarations can be easily handled through professional platforms, the actual tax payment process still requires sellers' direct involvement. This article examines the common challenges sellers face during VAT payments and provides detailed operational guides for five mainstream payment channels: Payoneer, PingPong, WorldFirst, LianLian Pay, and payments through German tax authority accounts.
1. Payoneer (P-Card) Payment Process
Payoneer, a popular cross-border payment tool, offers convenient VAT payment services. Here are the detailed steps:
- Access Payoneer: Log in to your Payoneer account.
- Select UK Institution: Choose "UK Institution" or similar option to specify payment destination.
- Enter Payment Details: Input the exact payment amount and your 9-digit UK VAT number.
- Confirm and Pay: Verify all information and complete payment using your preferred method.
- Download Receipt: Save the electronic PDF payment receipt provided after successful transaction.
- Upload Documentation: Log in to your eVat Master backend and upload the receipt for the corresponding declaration period.
Important Notes:
- Securely store electronic payment receipts as proof of payment.
- Ensure uploaded documents are clear and complete.
2. PingPong Payment Process
PingPong provides similar VAT payment services through the following procedure:
- Account Access: Log in to your PingPong account.
- Navigate to VAT Services: Select "VAT Services" from the interface.
- Initiate Payment: Choose "VAT Payment" function.
- Enter Payment Details: Input payment amount and UK tax authority information (bank account, Swift Code, etc.).
- Complete Verification: Enter required verification codes.
- Download Documentation: Retrieve payment records under "Detailed Query-Withdrawal Records" and download payment certificates.
- Upload Documentation: Submit downloaded certificates to your eVat Master backend.
Important Notes:
- Verify UK tax authority payment information with your tax agent.
- Ensure uploaded documents are complete and legible.
3. WorldFirst (Now Wanli Pay) Payment Process
WorldFirst (rebranded as Wanli Pay) offers these VAT payment steps:
- Account Access: Log in to your Wanli Pay account.
- Create New Recipient: Select "Create New Recipient" from the menu.
- Enter Recipient Information: Input recipient details matching UK tax authority records.
- Complete Tax Account Details: Include bank account and Swift Code information.
- Submit Payment Details: Specify payment amount and currency.
- Download Documentation: Obtain payment certificates after completion.
- Upload Documentation: Submit to eVat Master backend.
Important Notes:
- Confirm UK tax authority payment details with your tax agent.
- Ensure uploaded documents are complete and legible.
4. LianLian Pay Payment Process
LianLian Pay's VAT payment procedure includes:
- Platform Access: Log in to LianLian Pay website.
- Select Payment/Tax: Click "Payment/Tax" at the top.
- Choose VAT Payment: Select "VAT Payment" function.
- Complete Payment Information: Ensure UK VAT number is accurately noted in remarks.
- Confirm Payment: Select payment method (note: online banking/card payments only available for mainland China clients).
- Verify Payment: Check VAT payment status.
- Download Documentation: For account balance payments, download electronic receipts; for card/online banking payments, upload bank payment screenshots.
Important Notes:
- Balance payments are fee-free; card/online banking payments may incur fees.
- Accurate UK VAT number in remarks is essential for proper attribution.
- Ensure uploaded documents are complete and legible.
5. Payment Through German Tax Authority Account
For sellers with German tax authority accounts, payments can be made similarly to other international transfers using UK tax authority payment information.
UK Tax Authority General Payment Information:
- IBAN: GB36BARC20051773152391
- BIC (Swift Code): BARCGB22
- Recipient Name: HMRC VAT
- Bank Name: Barclays Bank PLC
- Bank Address: 1 Churchill Place, London, United Kingdom
- Post Code: E14 5HP
Critical Reminder: Include "GB" followed by your 9-digit UK VAT number in the payment reference (e.g., GB23456XXXX) to ensure proper payment attribution.
After payment completion, download payment certificates and upload them to your eVat Master backend to finalize the declaration process.
Conclusion
This guide has detailed five primary UK VAT payment methods for cross-border e-commerce sellers, including Payoneer, PingPong, WorldFirst (Wanli Pay), LianLian Pay, and payments through German tax authority accounts. By following these comprehensive instructions, sellers can select the most suitable payment method to efficiently and compliantly fulfill their VAT obligations, avoiding potential business disruptions due to tax-related issues.