Tax Payments Made Easier Than Ever Before

As our global coverage expanded, it became evident that the complexity of global tax payments continued to be a concern for our clients. Numerous clients found themselves in the position of making multiple payments to various countries, frequently in various currencies, with diverse payment deadlines and distinct payment referencing formats each month.

OneTax is the Taxually tax payment solution provided to clients to tackle some of the difficulties associated with cross-border tax payments. The OneTax platform provides an efficient and time-saving answer for facilitating extensive global tax payments.

How OneTax Solves Your Tax Payment Issues

Without OneTax

• Expensive
  High fees and steep FX margins charged by banks.

• Foreign Exchange exposure
  Conversions rates fluctuate, and there is no guarantee that the rates approved will apply at the point of payment.

• Time-Consuming
  Making individual payments takes up the time of internal departments.

• Complex
  Continuously changing payment instructions, and when local banks are required it can be even worse.

With OneTax

• Cost efficient - Favorable exchange rate and min. fees
  in your selected single currency payment.

• Conversion Rates fixed for 2 weeks, and Single Currency Payment
  No need to worry about multiple currencies and their exchange rate; we’ve got you covered.

• Single Bulk Payment
  Choose your preferred currency and submit one payment for all your tax payment obligations.

• Live Payment Status
  OneTax has intelligent payment reference and beneficiary checking to minimize errors and ensure a seamless experience every time.

How It Works

1. Taxually sets up the relevant entities
2. Customer gets access to the payment platform to approve payments
3. Customer makes monthly payments to a single Taxually account*
4. Taxually pays obligations to the various tax authorities
   *Individual customer accounts are provided by Citibank

Supported Countries

• Australia
• Austria
• Belgium
• Canada
• Cyprus
• Estonia
• Finland
• France
• Germany
• Greece
• Hong Kong
• Ireland
• Italy
• Japan
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• New Zealand
• Poland
• Portugal
• Singapore
• Slovakia
• Slovenia
• Spain
• Sweden
• Switzerland
• United Kingdom
• United States

How Do I Sign Up?

OneTax is an optional feature for CrossTax clients, but you are automatically signed up to the OneTax system when you register for the fiscal representation service with CrossTax.

You can only make payments to countries where you have appointed CrossTax/Taxually as your fiscal representative.

Just access the system through the VAT Payments tab in CrossTax and manage all of your VAT payments from there.

See it in action

Discover how Taxually brings together automation and expertise to make global compliance seamless, effortless, and accurate across every market.

• Tailored one-on-one platform walkthrough
• Identify custom solutions for your specific case
• No commitment to sign up

Trusted by 20,000+ B2B companies in over 150 countries

Frequently asked questions

Do I need a dedicated solution for global VAT payments?

If your business pays VAT in multiple countries you’ll find yourself dealing with different currencies, payment instructions and deadlines. OneTax simplifies that by letting you pay in one currency through a single platform.

How does OneTax work to streamline tax payments?

OneTax lets you make one bulk payment in your chosen currency, and it handles disbursement to all the relevant tax authorities. You also get real-time tracking of payment status and standardised references so you avoid manual errors.

Can OneTax help with currency exchange and cost control?

Absolutely. OneTax fixes foreign exchange (FX) rates for up to two weeks and supports payment in a single currency. This means fewer surprises from fluctuating exchange rates and lower overall cost of global VAT payments.

Which countries does OneTax support for VAT payments?

OneTax supports VAT payments to many countries worldwide, including Spain, Germany, France, the UK, Australia, the US and more. Additional countries and currencies can be added on request to meet your business needs.

How do I get started with OneTax and what are the requirements?

If you are already using CrossTax or have fiscal representation set up through Taxually you can access OneTax via the payments tab in the CrossTax platform. Then you select your preferred currency and submit your first bulk payment.