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# How Do I Pay Taxes After Companio Submits My VAT or TSD Reports?

Once Companio submits your VAT or TSD report, you may need to make a tax payment to the Estonian Tax Office, depending on your company’s activity during the period.

For example:
* If you collected more VAT from customers than you paid on purchases, you must pay the remaining VAT.
* If you distributed dividends or paid board salaries/employee salaries in Estonia, taxes may be due (TSD report).

# Who Calculates How Much I Need to Pay?

Don’t worry — we will calculate the exact amount you need to pay. After your report is submitted, you will receive precise instructions by email on:
* the exact tax amount to pay,
* the payment deadline,
* how and where to make the payment.

# How Do I Make the Payment?

Your tax payment must be made via bank transfer. In the instructions you receive, we will provide:
* The Tax Office bank account details.
* A unique **reference number assigned to your company** (you must include it in the transfer — otherwise, your payment may not be recognized).
* The concept/description you must use in the transfer.
* A link to verify both your reference number and the official bank accounts of the Estonian Tax Office.
**Your unique reference number is essential.** Without it, the payment may not be correctly assigned to your company.

# Important Payment Deadlines

To avoid penalties, remember these key dates:
* **TSD reports and payments:** must be completed by the **10th of each month.**
* **VAT reports and payments:** must be completed by the **20th of each month.**