E-Commerce VAT Accountancy Services

“Steve and the team at Elver E-Commerce are efficient, honest and very reliable. They will advise you correctly and also work to tight deadlines. By far superior to most accounting firms. ”

Ian Ritchie

Tax laws and requirements are changing constantly and that can result in it becoming a constant challenge when it comes to remaining compliant. If you fail to meet deadlines and do not resolve issues in a timely manner then you could receive a fine or a bigger penalty. What’s more, you’re E-Commerce business might also pay too much VAT so it’s important that you ensure that you are doing everything right.

As a VAT Accountant, we can help e-commerce businesses become VAT registered and take care of the entire process. However, we can also provide assistance in a wide ranger of areas such as:

● Choosing the correct VAT scheme
● Registering for VAT voluntarily
● Provide advice that relates to all aspects of cross-border transactions that can occur when running an e-commerce business.
● Advice on registering in other countries
● The implications of using the Amazon Pan European FBA programme
● Assisting with specialist schemes
● Advising and assisting with distance selling
● Handling all VAT errors
● VAT reconciliations
● Making Tax Digital

As VAT accountants for e-commerce businesses, our service is designed to support and assist your business. We can undertake a review of your current VAT position and determine whether you have paid too much or too little VAT. Our service is tailored to the needs of our clients and we have the expertise and experience to provide advice that works for your e-commerce store.

It is common for small businesses to use the flat rate scheme, which is designed to make the recording of sales and purchases as simple as possible. Despite this, their guidance is incredibly complex and detailed, making it difficult for businesses to obtain clarity and this is another area where we can help.

Whether you are looking to take advantage of the flat rate scheme or you want to register for the first time, our service is on hand to help you keep your business on track. The VAT landscape is constantly changing. As a result, we are on hand to provide you and your business with expert advice relating to all aspects of VAT, ensuring you remain compliant and legal.

Let Us Take Care of Helping Your E-Commerce Business Go Digital (“MTD”)

As an e-commerce business, you are going to be familiar with the digital world but that might not be the case when it comes to VAT. Since April 2019, the government has been Making Tax Digital. This initiative is aimed at businesses that earn over the VAT threshold. Businesses must now store records digitally and use MTD compliant software to submit their returns.

We have the right solutions to help manage these changes and ensure your business is doing things right.

Managing International VAT

As an e-commerce business, you might work on an international level and with that comes the need to remain Internationally VAT and GST (Goods and Service Tax”) compliant. We work in partnership with VATGlobal who can assist with registrations as well as filing returns and remaining compliant throughout all European Union members states and other jurisdictions globally. This ensures that you are Internationally VAT compliant and that your UK accounts correctly reflect your international trading activities. We can take care of it all, enabling you to take a hands-off approach. VATGlobal services include:

● Experienced dedication account manager with International VAT experience
● Registering, filing and reporting
● Fiscal representation
● Simple communication, file sharing and reporting through cloud-based solutions.