VAT, GST and corporation tax are the clearest example of a fixed outflow. The lodgement date is set by legislation, the amount is set by your own return and nobody negotiates either. What is still open is how that payment is funded on the day it leaves. That is the one lever this use case is about.
The tax office is paid in full, on the due date, through its own normal channels. Your obligation is discharged on time and your filing position does not change. Nothing here delays a payment to a revenue authority, negotiates an arrangement with one or affects your compliance standing.
What changes is on your side of the transaction. The payment to the authority is funded through the card rails inside the GlobalFinex B2B managed environment, and your own cash leaves when that statement falls due rather than on the lodgement date. The two dates that most businesses treat as one become two.
One lever, not two. Pace: Dynamic Discounting works by offering a supplier a discount for early settlement. A revenue authority does not discount and will not negotiate, so the timing lever does not apply here. This use case is Flow: ePayment on its own.
The same structure as any Flow settlement, with a revenue authority in the place of a supplier.
Your return is prepared and lodged as it is today. The amount and the due date come from your own filing, not from us.
Settlement reaches the tax office on the due date, in full, through the channel that authority accepts. Nothing about your obligation changes.
The payment is funded on card rails, so the cash leaves your account when the statement falls due rather than on the lodgement date.
Tax outflows do not spread. They arrive as a small number of large payments on dates fixed months in advance, and they frequently land close to a quarter end or a reporting date. For a business whose working capital position is measured on those dates, the ability to separate the lodgement date from the date the cash actually leaves is worth more than the same movement on a routine supplier payment.
Availability varies by jurisdiction. Whether a revenue authority accepts this route, through which channel and on what terms, differs by country and can change. We confirm what is available for each authority you pay before anything is proposed, rather than assuming it works everywhere.
The conversation that gets somewhere starts with which authorities you pay, on what cycle and how large the peaks are against your reporting dates.