If you operate an e-commerce site or sell via eBay, Amazon, Etsy, Shopify or any other online sales platform, you need an accountant that specialises in online businesses.
Ecommerce is a whole new ball game, with extra layers of intricacy such as:
Ecommerce is a whole new ball game, with extra layers of intricacy such as:
Multiple sales platforms
Payment service providers
Stock control apps
It can be particularly daunting finding an effective solution that integrates all of this technology with your accounting software.
Additionally, if you supply goods to buyers in the EU or the rest of the world, you need an accountant that has a firm grasp on the international VAT rules.
HM Revenue & Customs is taking a tougher approach to online sales, including FBA, RA and PL traders and ignorance of the tax laws is not a defence.
A specialist e-commerce accountant will save you time and money.
Are you wasting your time manually calculating sales, fees, VAT and other taxes? We can offer solutions that enable you to run your business more efficiently by automating your seller account bookkeeping. If there is a quicker way of doing something, we will know about it. As the saying goes “There is an app for that!”
HMRC is taking a tougher stance with online selling and has already been successful in forcing the likes of Amazon, eBay and Etsy to share sales information with them.
The penalties for non-compliance are harsh and a forced backdated VAT registration could spell the end of your business. Working with a specialist will ensure you are complying with all of your legal obligations and a filing deadline is never missed.
We will have your back, by ensuring that you do not inadvertently trigger a VAT registration in another country. However, rest assured that if a VAT registration in a different country is inevitable, we will hold your hand every step of the way, dealing with the registration and the ongoing filing obligations.
Sometimes clients are just looking for a professional opinion on their future plans for the business. Whilst there are a lot of great accountants out there, how many can honestly say they specialise in e-commerce?
We are passionate about e-commerce; we see it as the future and we invest a lot of time in training our staff and keeping up to date on the latest developments in this area.
Rather than confuse you with jargon, we offer straightforward, practical tax and VAT support – freeing you to focus on growing your business.