Ting Cross-Border Tax · Demo
Pay overseas and deal with sister companies, without tax surprises.
Every payment that leaves the UK is checked for withholding tax, and every deal with a related company is kept in a transfer pricing register. AI does the sorting; a Ting tax professional makes the calls. UK rules first, more countries to follow.
Example company: Lotus & Pine Trading Ltd
Sells handmade homeware online to UK and EU customers. UK company · run from Kuala Lumpur · sister company in Singapore.
Every overseas payment, checked
When you approve a bill or pay someone outside the UK, TingCloud works out whether UK tax has to be withheld and what evidence is needed for a lower rate. Tap a payment to see its result.
- Gross
- £10,000
- UK tax withheld
- £2,000 (20%)
- Paid to them
- £8,000
Royalties paid overseas usually need 20% UK tax deducted. A lower treaty rate can apply once the evidence is in and a Ting tax professional confirms it.
What's missing
- Tax residence certificate (in date) Upload
- Beneficial ownership confirmation from Studio Fjord Upload
Nothing goes out until it's right
If a payment needs a withholding tax check, Ting Pay holds it until a Ting tax professional approves. Then the net amount is paid and the tax is set aside for HMRC automatically.
🇸🇬 Lotus & Pine Pte. Ltd.
Interest for Jul–Sep on the £60,000 sister-company loan
- AI recognised it as interest to an overseas company
- UK rule applied: 20% unless HMRC gives a lower rate
- Ting tax professional reviews the treaty route
- Pay £2,400 to Singapore, £600 set aside for HMRC
In the real platform only a Ting tax professional can approve. You can't switch the hold off.
Books and CT61 returns done for you
Approved withholding tax is posted to your books and added to the right quarterly CT61 return, with reminders before it's due.
Royalty to Studio Fjord · £10,000 at 20%
| Step | Debit | Credit | Amount |
|---|---|---|---|
| Bill approved | Royalty expense | Studio Fjord (payable) | £10,000 |
| Withholding tax applied | Studio Fjord (payable) | WHT payable — HMRC | £2,000 |
| Pay Studio Fjord | Studio Fjord (payable) | Bank | £8,000 |
| Pay HMRC (CT61) | WHT payable — HMRC | Bank | £2,000 |
CT61 returns
- Quarter to 30 Sep 2026 · due 14 Oct 2026Nothing to file
- Quarter to 31 Dec 2026 · due 14 Jan 2027£2,600Open
Royalty £2,000 + interest £600. Reminders 7 and 2 days before the due date; a statement of tax deducted is made for each payee.
Deals with related companies, on record
Loans, fees and stock between your UK company and its sister companies are kept in one register. Missing agreements or pricing methods are flagged before HMRC or a buyer asks.
Lotus & Pine Pte. Ltd.
Sister company · both 100% owned by Mei
- £3,000/yr
Intercompany loan · £60,000 at 5%
Singapore lends to UK · Comparable interest rate
- Signed loan agreement
- Rate, term and repayments set
- £36,000/yr
Sourcing & admin services
Singapore charges UK a monthly fee · Cost plus 5%
- No signed intercompany agreement
- Need evidence of the services provided
- £48,000/yr
Stock bought for the Singapore shop
UK sells to Singapore · Not set yet
- No pricing method recorded
Below the threshold, your Ting accountant checks the paperwork. Above it, a Ting tax professional does a Specialist Transfer Pricing Review (an extra, quoted service) and you'll see it under Recommended for you.
Checked by people, every year
Small and medium groups are usually exempt from UK transfer pricing rules. TingCloud runs the test from your group figures, and a Ting tax professional confirms it.
- Group headcount
- 9
- Group turnover
- €1.4m
Likely exempt from UK transfer pricing rules — confirmed by a Ting tax professional each year. Your arrangements stay in the register for Singapore's rules and HMRC's new international transactions schedule.
- AI sorts payments, reads documents and drafts notes
- Rules with dates and legal references decide the outcome
- A Ting tax professional approves rates and positions
- Every decision is logged, so you can show HMRC why
Want this for your business?
Create a free account and a Ting expert will set it up with your real numbers — or talk to us first.