News
Shopify vs Amazon FBA: Best Choice For Ecommerce Business
The pandemic undoubtedly fuelled the global growth of entrepreneurship. As a result, the number of new eCommerce businesses has also grown significantly, with many selling their products and services on platforms or marketplaces such as Shopify and Amazon. Whether you...
How Much Does It Cost to Sell On Etsy UK
In recent years, more businesses than ever before are using online marketplaces such as Etsy to sell a wide range of products to a worldwide audience. Allowing businesses of all shapes and sizes to gain exposure and sell their goods on a secure platform, Etsy was...
How Much Does Amazon Charge To Sell In The UK
Amazon is one of the biggest e-commerce companies in the world and its success is mainly down to its huge product offering, accommodating selling plans and global reach. Both B2C and B2B businesses sellers use Amazon to reach millions of customers. With flexible...
How to Calculate VAT on Amazon Sales
For Amazon sellers, working out how to calculate VAT on their Amazon sales can be challenging and it’s incredibly important to get this right in order to get a good hold of your profitability. But we’re here to help. Here’s our guide to calculating VAT on your Amazon...
Rental Cost When Working Away From Home
When working away from home an employee may find it more cost-effective to rent a flat or apartment rather than book a hotel if the arrangement is for any duration. A case that involved Tim Healy, the actor, helps to shed some light on the tax deductibility of this...
Working From Home While Abroad
It is becoming increasingly common, especially amongst online businesses, for the workforce to be spread globally and for employees to work from home. Employers need to be aware of their responsibilities both in the UK and the country where the employee is based....
Businesses Repay £1.3bn of Furlough
Businesses have paid back £1.3bn worth of furlough cash with £300m returned in the last three months alone, official statistics reveal. Businesses that have overclaimed or decided they no longer need payments received through the coronavirus job retention scheme...
Making Tax Digital Update
Despite persistently denying there was any possibility of a delay to the Making Tax Digital (“MTD”) timetable, it has been confirmed that the introduction of MTD for income tax has been postponed another year to 2024. "The government recognises the challenges faced by...
VAT Changes for Amazon 2021 – Everything That You Need to Know
The changes outlined below are relevant to businesses that are selling on Amazon to customers in the UK where the goods are stored outside the UK or where the goods are stored within the UK but the seller is based outside the UK. On the first of January 2021, several...
Ecommerce VAT Changes 2021
From the start of 2021, HMRC introduced a number of changes to the rules of VAT for ecommerce and how businesses need to account for it. Some of these changes are a direct result of Brexit and any business making sales or deliveries of goods to consumers in the EU are...
Why your e-commerce business needs an e-commerce accountant
In this short video, we talk you through why we think every e-commerce business should have a specialist e-commerce accountant. Video Transcript Hi guys, I'm Oliver from Elver E-commerce Accountants. And today I'm going to be telling you why every e-commerce...
eBay VAT Changes
Following on from the above changes, eBay will collect and remit VAT on consignments up to a value of £135 imported into the UK and sold to consumers. In cases where the seller is a non-UK business and the goods are already in the UK, eBay will collect and remit VAT...