UK

From humble beginnings to specialists in eCommerce Around eight years ago, Steve Blackmore was working from home in the UK – he’d just started his own accounting practice. He admits the first six months were a steep learning curve, with new clients slowly trickling in, but it wasn’t long before it became his full-time gig. Over time, the growth led to leasing an office and hiring more staff, including his son Oliver.

For the love of tech After 15 years working as an accountant, Philip Oakley decided it was time for a change. He took the part of his job he loved the most – the tech – and started helping businesses find the right cloud solutions to sell their products and services online. Fast-forward 13 years and OutserveWeb has partnered with some of the biggest names in cloud tech including Shopify and Unleashed.

Selling globally opens your business up to numerous markets but you also become subject to meeting tax thresholds in multiple economies with different rules. That includes a big one for sellers in Europe and UK sellers using eBay: VAT. Navigating VAT can seem intimidating, but once you understand what it is and if you need to pay it, you’ll be able to sell with confidence. This comprehensive guide explores everything to do with eBay VAT in the UK and Europe, including what it means for eBay sellers like you, how much it is, how to pay it, and where to get started.

You’ve probably heard a lot about Making Tax Digital (MTD) as an ecommerce business. Whether you’ve already adapted your accounting or are in the process of doing so, the great news is that A2X can support you on your MTD journey—especially if you’re selling on Amazon, Shopify, BigCommerce, eBay, or Etsy. Although it previously only applied to businesses over the £85k VAT threshold, from 1 April 2022, the MTD law changed, meaning it now applies to all businesses.

If you’re an Amazon seller trading into or within the UK and Europe, you’ll no doubt have noticed a lot of VAT changes over the last few years. First as a result of Brexit, and most recently, the 2021 Ecommerce VAT Package, which shifted the goalposts in a few different ways. In this guide, we’ll break down what you need to know about VAT, the current regulations, the options for those filing, and creating your own Amazon VAT strategy.

The VAT rules changed for ecommerce sellers in June/July 2021. If you’re an Amazon seller based in or selling into Europe, here’s what you need to know about VAT. In this brief guide to your Amazon VAT obligations: Table of Contents What is VAT? How Much is VAT and Who do I Pay? The 2021 Ecommerce VAT Package The Best Warehousing and Fulfilment Services Keep Track of Your Taxes with A2X Also on the blog Learn how to manage your Amazon accounting the right way Amazon accounting can be complex.

Updates: Changes were made to VAT for Shopify sellers in the UK and EU from July 2021 and again in April 2022. Any seller with business in the EU is likely to be required to collect VAT, with some exceptions. They can now do this for multiple countries all in one place. For the UK, though thresholds haven’t changed, import requirements have, and as a non-EU member state, sellers will need a separate VAT number to remit tax there.

This article is has been written with our good friends at OD Accountants in the UK. It discusses the growth of Amazon FBA in the UK and how OD Accountants have been working though the challenges of Amazon accounting with the help of A2X. During recent years, online marketplaces have transformed the way we shop. Amazon brings together sellers, merchants and businesses in almost every industry into a highly competitive marketplace.

LPG Jets – from the odd sale to 1800 orders per month Explore how this eCommerce business uses a combination of A2X and Xero to automate sales data from his Shopify, eBay and Amazon accounts. The integration saves him time, which he now spends on marketing his business, and eliminates any unnecessary number-crunching or paperwork-related worry. The start of the LPG Jets empire Two years ago, Adrian Turley was just like many other people, selling the odd thing on eBay to make a bit of cash.

Using A2X to create valuable partnerships with clients Brighter Accounting has integrated A2X into its well-curated digital tech-stack to help it step into the world of eCommerce accounting and add true value to its clients. Discover how Brighter Accounting uses A2X, alongside other digital tools like QuickBooks Online, Xero, Zoom and TaxCalc, to bring seamless automation to tedious, time-consuming tasks. Committed accountants and business partners Gemma Wheatley was a high-level corporate accountant with demanding hours.

A2X critical to Crafty Wholesale’s growth Follow UK-based Crafty Wholesale Limited’s wild ride from hobby to full-blown eCommerce business and how A2X has been critical for taking the headache out of their accounting – and key to their Shopify claim to fame. A2X and Xero are two of Crafty Wholesale’s 15 applications that help business owner Linzi Algar focus on expanding into new markets. From crafting children’s clothes for fun to a fully-fledged business Linzi Algar wears many hats.

Learning Roots expands eCommerce network using A2X Explore how this eCommerce business uses A2X to batch transfer Shopify sales data to Xero, saving hours of time (and money) every month. By automating that process, it’s been able to expand into new markets and other eCommerce channels. Alongside complementary digital tools like Active Campaign, Facebook Advertising, Google (Sheets, Ads, Analytics) and UpWork, A2X has helped Learning Roots make a successful transition into the eCommerce world.

Tidy eCommerce accounts, deeper financial insights Follow UK chartered accountants RDS Limited on their journey transitioning into eCommerce accounting, and how A2X ensures clients save time – and have access to accurate financial data they can use to grow their businesses. Founder Barry Roberts uses A2X along with Xero, Inform Direct, Comma, Hubdoc and a digital marketing agency, enabling his team to help eCommerce businesses be the best they can be.

“Who doesn’t want to spend less time on their accounts?” says Precision Bookkeeping This UK accounting and bookkeeping firm reveals how it’s using A2X to eliminate 10 hours of manual reconciliations per month. With automated processes, its clients have more time to enjoy growing their businesses. The seamless integration between Xero and A2X provides accurate sales summaries across different eCommerce channels, without the fuss of manual data manipulation. Automation is the key to precise bookkeeping After six years working at an accountancy firm he joined straight out of college, Simon Edwards was ready to branch out.