Vatmate

Vatmate is a cloud-based eCommerce VAT management, transaction tracking, and tax compliance platform developed by iVAT Limited in the United Kingdom. It is designed to help online retailers, digital service providers, and businesses selling across the UK and European markets calculate, collect, record, and report Value Added Tax (VAT) accurately. The platform automatically determines the appropriate VAT rate based on the customer's location and the type of product or service being purchased, displaying the VAT-inclusive price before checkout. Its key features include real-time transaction monitoring, automated VAT calculations, customer location verification, VAT number validation through the EU VIES database, secure transaction record storage, and detailed reporting. It integrates with eCommerce websites, shopping carts, and payment gateways through APIs, with available plugins for platforms such as WooCommerce and VirtueMart. Vatmate also provides tools for recording customer transaction details and generating reports to support VAT returns, audits, and regulatory compliance. Its two main subscription packages are Essential and Extend.