News

We know that you shouldn't put all your eggs into one basket and that you should spread risk. It, therefore, makes sense that you wouldn't rely on one sales channel for your business, and that's even more true if that one channel is a marketplace. There are lots of...

There have been some changes to the procedures and documentation required for the zero rating of B2B intra EU supplies, intended to harmonise and simplify some areas across the EU. Previously the rules on the evidence required to prove a supply is an intra-EU supply...

This is the Amazon explanation of commingling: If you participate in the FBA Commingling programme, items in your inventory may be swapped with identical items owned by Amazon Retail or other FBA Sellers who have also elected to participate in the programme. When an...

Marketplace facilitator laws require businesses like Amazon and Etsy to collect and remit sales tax on behalf of their vendors. Ever since the Supreme Court’s Wayfair decision, state governments have been passing new sales tax legislation that applies to remote sales...

UK sellers already using Amazon FBA services will already know that storing and dispatching goods from another European State triggers a VAT registration requirement, regardless of the amount of income you are generating in that country. But what if you are thinking...

Monitoring your Key Performance Indicators (KPIs) will help you on the road to online retail success. Organisations use KPIs at multiple levels to evaluate their success at reaching targets. High-level KPIs may focus on overall performance whilst low-level KPIs focus...

E-Commerce accounting is actually unique and has challenges that accounting for other businesses doesn’t have. Here’s why…… VAT and GST You might not be selling outside the UK but selling online is not limited by international borders so there’s every chance that you...

It is clear from questions being posted on forums that there is a lot of mis-understanding over the E-commerce VAT treatment of transaction charges when using services such as Stripe and Paypal. First of all, we need to get to grips with some terminology: Reverse...

In many ways GST is simpler than VAT. There is no reclaim of GST on costs for instance. It is simply a sales tax. On the other hand every USA State has its own rules and thresholds and registrations and returns are required in each State where a business has tax...

If you are a multi channel online seller you will be all too familiar with the complexities of managing listings and inventory across your platforms. Without an application that brings all your channels together this is extremely timing consuming, if not impossible....

2019 will be a transformative year for many eCommerce retailers, who despite harnessing the power of technology to create their businesses, neglect it when it comes to accounting and tax. This April sees the arrival of Making Tax Digital for business, a government...

We are pleased to be amongst the first accountancy firms to earn the newly created Xero Ecommerce badge. We have been a Xero Champion and Silver partner for some time now and this badge is Xero’s acknowledgment of our expertise in connecting ecommerce businesses with...