E-commerce Accountants · South East London
E-commerce accountants in Barnehurst
Selling online from Barnehurst produces more accounting events per pound of turnover than almost any other business: fees, refunds, reserves, currency conversions, VAT collected by the marketplace on some sales and by you on others. We reconcile all of it from the channel reports every month and keep the VAT right. Fixed monthly fee, agreed in writing.
from £79/mo · fixed, per month
Next deadlines
- VAT return and payment for the quarter that ended last month
- VAT return and payment for the quarter that ended last month
- VAT return and payment for the quarter that ended last month
- Online Self Assessment filing deadline and balancing payment due
Who this is for
E-commerce Accountants for Barnehurst
Online sellers in Barnehurst: marketplace traders on one or several platforms, brands selling through their own store, dropshippers, subscription box businesses, sellers importing stock from overseas, UK sellers with EU or international customers, and businesses approaching or past the £90,000 VAT threshold who need the registration and returns handled correctly.
What is included
Everything inside the fixed fee
- Sales, fees, refunds and payouts reconciled per channel from marketplace and payment-processor reports
- VAT handled correctly for UK sales, marketplace-collected VAT, imports, EU and overseas customers
- Inventory accounting with cost of sales and stock valuation in the top package
- Cloud software integrated with your channels so transactions post automatically
- Annual accounts and Corporation Tax or Self Assessment, with the figures tying back to channel reports
- Marketplace VAT health check: a one-off review of your registrations and settings against the rules
How it works
E-commerce Accountants from Barnehurst, step by step
Scope the job
We find out what you need filed, when it is due and what state the records are in, and tell you which fixed-fee package applies.
Agree the price
The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.
Hand over the records
Photographs, PDFs, software access or a spreadsheet, sent however suits you. We confirm what we have and what is missing within two working days.
Approve, then we submit
You review the draft with our explanation, sign off, and we file. Receipts, copies and the next deadlines come back to you immediately.
Why IGI
The IGI way of working, in Barnehurst
The price for e-commerce accountants is published on this page and is what a client in Barnehurst pays. We confirm it in writing first, and the invoice matches the quote.
Nothing for Barnehurst is left to the last week. Each deadline relevant to e-commerce accountants is tracked from the day you join, with the next four shown on every page we send you.
No appointments, no travel across South East London, no parking. Everything for e-commerce accountants in Barnehurst happens online, with a real person on the other end during UK working hours.
A named person handles your e-commerce accountants from Barnehurst and knows the file, so you are not re-explaining your business to a different helpdesk each time.
Plain English, with the numbers. Every draft for Barnehurst comes with a short explanation of what the figures mean and what, if anything, you should do about them.
Approval before filing is a rule, not a courtesy. For e-commerce accountants in Barnehurst, every submission to HMRC or Companies House follows your written go-ahead.
Local facts
About Barnehurst
Barnehurst is in South East London, within Bexley, in the DA7 postcode district, England. For businesses in England the tax rules are those set by the UK Parliament: the 20/40/45% income tax bands, Class 4 National Insurance for the self-employed at 6% and 2%, Corporation Tax at 19% to 25%, and Stamp Duty Land Tax on property. Business rates are set locally by the council.
| Place | Distance | Direction |
|---|---|---|
| Colyers | 0.6 mi | NE |
| Bexleyheath | 0.8 mi | SW |
| Northumberland Heath | 0.9 mi | N |
| North End, Bexley | 1 mi | E |
| Crayford | 1 mi | SE |
| Slade Green | 1 mi | E |
| Lessness Heath | 1 mi | NW |
| Erith | 1 mi | NE |
Worth knowing
Rules that come up in this work
Payments on account
If your Self Assessment bill exceeds £1,000 and less than 80% of your tax was collected at source, HMRC asks for two advance payments towards the following year, each half of the current bill, due 31 January and 31 July. The first year this happens the January payment is effectively one and a half times the bill. We model it in advance and show you how to reduce the payments if income is falling.
The Self Assessment calendar
The tax year runs from 6 April to 5 April. Anyone new to Self Assessment must register by 5 October after the end of the tax year in which their untaxed income began. The online return and the balancing payment are due by 31 January, with a second payment on account on 31 July where they apply. Paper returns have an earlier deadline of 31 October and are rarely sensible.
Making Tax Digital for Income Tax
The biggest change to Self Assessment in a generation is Making Tax Digital for Income Tax, now live for higher-earning sole traders and landlords and arriving for the rest in stages. Quarterly updates are due by 7 August, 7 November, 7 February and 7 May, built from digital records. The practical consequence is that spreadsheet-and-shoebox bookkeeping is ending for anyone above the threshold.
Late filing penalties
Lateness is expensive in a way that compounds. For individuals, £100 immediately, then daily penalties, then percentage-based ones at six and twelve months, with interest running on unpaid tax throughout. For companies, Companies House penalties scale with delay and double on repeat, and HMRC adds its own for a late CT600. Filing on time is the cheapest tax planning there is.
Corporation Tax rates and marginal relief
Since April 2023 there have been two Corporation Tax rates, 19% small profits and 25% main, with marginal relief smoothing the transition between £50,000 and £250,000 of profit. The band is where planning matters: each pound of profit in it is taxed at an effective 26.5%, so pension contributions and capital expenditure timed to keep profit below £50,000 are worth more than they look.
The VAT registration threshold
VAT registration is compulsory once taxable turnover in any rolling twelve-month period exceeds £90,000, or when you expect to exceed that in the next thirty days alone. The test is rolling, not by tax year, and includes zero-rated sales. Businesses regularly cross it without noticing, and late registration means accounting for VAT on sales where it was never charged to customers.
Director's loan accounts
A director's loan account records money moving between a director and the company that is not salary or dividend. If the director owes the company money nine months and one day after the year end, the company pays section 455 tax at 35.75% of the balance, refundable only when the loan is repaid. Loans over £10,000 are also a benefit in kind unless interest is charged at HMRC's official rate.
Questions
E-commerce Accountants questions from Barnehurst
Can you reconcile my payment processor as well as the marketplace?
Yes. Card processors and payment gateways on your own store are integrated so that gross sales, fees and payouts post and reconcile automatically. The fee treatment, including VAT on processor fees, is configured at setup, which is where most self-built integrations go wrong.
What is the marketplace VAT health check?
A one-off £149 review of your VAT registration, your marketplace tax settings, your treatment of imports and overseas sales, and a sample of recent returns against the rules. It produces a written report of errors found and what to do about them. Most sellers who have set things up themselves have at least one.
When do I need the inventory package?
When you hold meaningful stock. Without inventory accounting, the cost of goods purchased is expensed when bought, which distorts profit between periods and misstates the balance sheet. The £179 package tracks stock, calculates cost of sales and values closing stock, which lenders, investors and HMRC all expect from a stock-holding business.
I sell to EU customers. What VAT applies?
Since 2021 sales of goods to EU consumers are exports from the UK, zero-rated here, with EU VAT due in the customer's country. The EU's Import One Stop Shop lets you account for consignments under €150 through one registration. Above that, local registration or the customer paying on delivery. We advise on the right route for your volumes.
How are imports treated?
Import VAT is charged when goods enter the UK and can be reclaimed as input VAT if you are registered, using postponed VAT accounting so nothing is paid at the border. Customs duty depends on the goods and origin and is a cost, not reclaimable. We make sure the C79 or postponed accounting statements are matched to the return.
Who accounts for VAT on marketplace sales?
For goods sold to UK consumers through an online marketplace, the marketplace accounts for the VAT if the seller is overseas or the goods are imported in consignments up to £135. A UK seller selling UK-held goods to UK customers accounts for their own VAT. Mixed situations are common and we separate them on every return.
How do I get started from Barnehurst?
Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for e-commerce accountants. Once you confirm, we tell you exactly which records to send and the work begins. Most Barnehurst clients are set up within a day.
Which deadlines matter most for e-commerce accountants?
The next four dates that apply to e-commerce accountants are shown at the top of this page, calculated from today. For Barnehurst clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.
Get a fixed quote for Barnehurst today
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.