E-commerce Accountants UK - Expert Online Sellers Tax Support

For a UK-established business, VAT registration is usually required when taxable turnover exceeds £90,000 over a rolling 12 months, or you expect it to exceed £90,000 in the next 30 days alone. Include taxable sales across all your channels. Overseas stock and businesses established outside the UK can have different registration rules.

Limited home use, such as working in a spare room, does not usually mean paying business rates. A dedicated commercial space, alterations or regular customer visits can change the position. Check with the relevant rating authority for your property.

Keep sales invoices, customer locations, marketplace statements, exchange-rate records and shipping documents. You may also need customs declarations and evidence of export. The VAT rules depend on the goods, their location and the destination.

Business journeys to collect stock or visit suppliers may qualify. Ordinary commuting and private travel do not. Keep receipts and a mileage log showing the date, route and business purpose, and check the rules for your business structure.

Your records need to connect Amazon settlement reports with sales, fees, refunds and stock movements. Stock values and cost of goods sold affect your profit, while the countries where goods are stored can affect VAT obligations.

A limited company pays Corporation Tax on its taxable profits. The rate depends on its profit level and circumstances, including associated companies. We prepare the accounts and tax calculation using the expenses and reliefs that apply to your business.

Check with your insurer before using your home to store stock or run a business. Home cover may not include business equipment, stock or customer visits. The cover you need depends on your products and how you operate.

Import VAT depends on the goods and the import arrangements. Eligible UK VAT-registered businesses can use postponed VAT accounting to account for import VAT on their VAT return. Keep customs documents and VAT evidence, and check the separate rules for low-value consignments and Northern Ireland.

Sole traders pay Income Tax on business profits and may owe National Insurance. A limited company pays Corporation Tax; salary and dividends can create personal tax liabilities too. The right structure depends on your profits, how you take money out and the cost of running the company.

If you registered late, you still owe VAT from the date registration should have taken effect, and a penalty may apply. Pre-registration VAT recovery has conditions and different time limits for goods and services. Get the registration date and historic sales reviewed promptly.