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What Are TikTok Shop Fees
In the rapidly evolving world of e-commerce, TikTok has emerged as a significant player with its TikTok Shop platform. With millions of users worldwide, TikTok isn't just a social media platform; it's rapidly becoming a go-to ecommerce platform. As sellers explore...
Amazon Selling Fee
For businesses looking to expand their reach and tap into the immense potential of e-commerce, selling on Amazon is often a no-brainer. With its vast customer base and robust infrastructure, Amazon provides a lucrative platform for sellers to showcase their products....
A Guide to Selling to E-commerce Aggregators in The UK
The landscape of ecommerce is vast and continually evolving, with various components contributing to its dynamic ecosystem. One integral part of this ecosystem is the e-commerce aggregator. These are companies that acquire, manage and grow online businesses, often...
Late Vat Registration
Getting VAT right is a complex endeavour for any business, big or small. Understanding the requirements, thresholds, and timelines is crucial for maintaining compliance and avoiding unnecessary penalties. The necessity to register for VAT and the implications of late...
How to Register for VAT in UK for Online Businesses
For online businesses operating in the UK, registering for Value Added Tax (VAT) is a crucial step that ensures compliance with tax regulations and streamlines financial operations. Whilst VAT must be accounted for on sales, VAT registration allows e-commerce...
Why Accounting is Important in Business?
Running a business, without understanding the finances of the business, is like driving a car with a blindfold on. In order to run a successful business, you need to understand the financial position of your business. Business relies on knowledge. Do you know how much...
What Are Statutory Accounts?
Statutory accounts are the legally required accounts that all companies must submit to Companies House every year, to reflect the financial stance of their business. The level of detail required in your statutory accounts will vary according to the size of the...
Tax Benefits of Electric Cars
There are a number of tax benefits to company electric vehicles: A low benefit in kind rate (currently 1% and fixed at 2% from 2022-23 until 2024-25) Enhanced tax deductions for the cost of the vehicle Government grants towards the cost of the vehicle Businesses that...
What is Stripe Accounting Software?
The emergence of online payment systems has reshaped the way businesses manage their transactions. One such tool that has taken the business world by storm is Stripe. With its simple, straightforward user experience and seamless integration with numerous platforms,...
Etsy Seller Fees in the UK
Selling your unique items on Etsy comes with certain fees. In this article, we're going to break down the different types of Etsy fees for UK sellers, how they're calculated, and how you can view them in your Etsy account. What are the Types of Etsy UK Fees? Etsy fees...
Can a Sole Trader Be Vat Registered?
Introduction Value Added Tax (VAT) is a type of tax that's applied to the sale of goods and services in many countries. In the UK, for instance, most businesses will need to register for VAT if their VAT taxable turnover exceeds the current threshold (£85,000) in a...
Understanding VAT on Facebook Ads
Navigating the complex world of VAT on Facebook ads can be challenging. This article aims to provide clarity and guidance to e-commerce businesses on this topic. VAT On FB Ads Value Added Tax, or VAT, is a form of tax that applies to goods and services Facebook ads...