VAT Compliance and your Interconnected eCommerce Ecosystem


The world of eCommerce is a vibrant ecosystem, teeming with interconnected elements that work together to deliver a seamless experience for both you and your customers. But sometimes, you can arrive at at a cross-roads. 

From user-friendly website platforms such as Shopify and WooCommerce, to secure payment processors including Stripe and PayPal, each component plays a vital role in the success of your online business. But nestled amongst these familiar players lies another crucial element, often overlooked yet undeniably central to your European expansion – Value Added Tax (VAT) compliance….well, Taxmatic to be precise.

Think of Taxmatic as the beating heart of your European eCommerce ecosystem. While website builders and payment gateways handle customer interactions and transactions, Taxmatic ensures everything runs smoothly behind the scenes, especially when it comes to the complexities of VAT compliance across the European Union.

VAT Compliance is Central to Your European Commercial Success

Navigating the world of VAT regulations in Europe can be a daunting task. Each country has its own set of rules, thresholds, and filing deadlines. Failure to comply can result in hefty fines, penalties, and even business disruptions. By utilising Taxmatic you can swiftly eliminate the uncertainty and simplify the entire process. 

The Benefits of Automating Compliance

  • Effortless VAT Compliance: Taxmatic seamlessly connects with your online store’s sales order data. This triggers automated VAT calculations, ensuring you charge the correct tax rate on every sale, regardless of the customer’s location within the EU.  No more manual calculations or spreadsheets – or entrenched and recurring errors in business processes.
  • Automated Filings on Time, Every Time: Stop the scramble to meet various tax filing deadlines across different countries. Taxmatic automates the entire process, scheduling VAT filings to the relevant tax authorities based on each country’s specific tax period. This ensures you stay compliant and avoid any potential issues. 
  • Say Goodbye to Paperwork: Taxmatic eliminates the need for manual record-keeping and paperwork. All your VAT calculations, filings, and data are securely stored within the software, readily accessible for audits or reviews. We don’t do scrappy – we do systems.
  • Enhanced Efficiency with Integrated Payments: Taxmatic offers an ingenious extra layer of efficiency with its built-in payments wallet technology. All your VAT remittances are automatically scheduled, ensuring timely payments to the tax authorities. Additionally, for any refunds that might arise, Taxmatic streamlines the process, seamlessly returning funds directly to your account. This eliminates the need for manual transfers and saves you valuable time and resources.
  • Peace of Mind and Strategic Focus: Taxmatic empowers you to focus on what matters most – growing your business and reaching new customers across Europe. By automating VAT compliance and eliminating the risk of errors, Taxmatic grants you peace of mind, allowing you to strategically plan your European expansion with confidence.

Legal, Financial and Compliance like Clockwork

While website platforms showcase your products and payment processors handle transactions, Taxmatic ensures your business operates within the legal and financial framework of Europe.  Without VAT compliance, your entire ecosystem could face disruptions, jeopardizing your European business.  

Consider this analogy: a car might have a sleek design and a powerful engine, but without the wheels, it’s going nowhere. Similarly, your eCommerce business integrates a captivating website with a secure payment system.  Missing out on integrated your VAT compliance solution can slow you down, or worse could derail your operations legally or financially.

The Benefits Extend Beyond Compliance

The benefits of Taxmatic extends far beyond simply ensuring VAT compliance. 

  • Real-time VAT Rate Updates: Taxmatic stays up-to-date on any changes in European VAT regulations, automatically updating its software to reflect the latest rates. This eliminates the risk of human error and ensures you’re always charging the correct tax.
  • Reduced Administrative Burden: By automating VAT calculations, filings, and record-keeping, Taxmatic frees up your time and resources, allowing you to focus on core business activities.
  • Scalability for Growth: As your European business expands, Taxmatic seamlessly scales with you. The software can handle the increasing complexity of VAT compliance across multiple countries, ensuring you remain compliant regardless of your growth trajectory.

Embrace the Power of Taxmatic Now

Taxmatic empowers you to confidently navigate the complexities of European VAT regulations, freeing you to focus on delivering a superior customer experience and achieving sustainable growth

Don’t let VAT compliance become a roadblock on building your European customer base. When entering any new market, it can be challenging to keep all the plates spinning (growth, compliance, customer loyalty etc). We believe every ambitious retail organisation needs a partner who can manage all the compliance matters. These are often complicated, time consuming and plain well distracting. While you focus on growth, let us focus on the “other” things. If you would like to learn more, book a call with us. We will listen to your growth goal plans and offer our experience that might help you make sense of this fast moving market.

Keep Your Compliance Running like Clockwork

Taxmatic enables you to simplify your process, remove uncertainty and maintain company VAT sales tax compliance across European markets.