Accounting

E-commerce Accountants · South East London

E-commerce accountants in Blackfen

Selling online from Blackfen 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 Blackfen

Online sellers in Blackfen: 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 Blackfen, step by step

  1. 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.

  2. Agree the price

    The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.

  3. 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.

  4. 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 Blackfen

The price for e-commerce accountants is published on this page and is what a client in Blackfen pays. We confirm it in writing first, and the invoice matches the quote.

Nothing for Blackfen 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 Blackfen happens online, with a real person on the other end during UK working hours.

A named person handles your e-commerce accountants from Blackfen 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 Blackfen 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 Blackfen, every submission to HMRC or Companies House follows your written go-ahead.

Local facts

About Blackfen

Blackfen is in South East London, within Bexley, in the DA15 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.

Nearby places we also serve for e-commerce accountants
PlaceDistanceDirection
The Oval Sidcup0.3 miS
Blackfen and Lamorbey0.6 miSW
Falconwood and Welling0.6 miNW
Blendon and Penhill0.7 miSE
Blendon0.8 miE
Danson Park0.8 miNE
Welling0.9 miNE
Avery Hill1.0 miW

Worth knowing

Rules that come up in this work

The 60-day property CGT return

Selling UK residential property that was not your main home for the whole period of ownership triggers a separate Capital Gains Tax return, due within 60 days of completion along with payment of the tax. This is in addition to the annual Self Assessment. The gain is taxed at 18% or 24% depending on your income band, after the £3,000 annual exempt amount.

Crypto records and reporting

HMRC treats cryptoassets as property. Swapping one token for another, spending crypto or gifting it are all disposals for Capital Gains Tax, and staking and lending rewards are income. Gains are computed under pooling rules with same-day and 30-day matching. From 2026 HMRC receives data from exchanges worldwide under the Cryptoasset Reporting Framework, so unreported activity is increasingly visible.

Allowable expenses

Expense claims are where a return is won or lost in an enquiry. The test is wholly and exclusively for the trade; where a cost is mixed, the business proportion can be claimed if it can be identified. Capital items such as equipment and vans are relieved through capital allowances rather than as expenses, except under the cash basis where they are simply deducted when paid.

Record keeping

HMRC requires records of all income and expenses, bank statements, invoices and receipts to be kept for at least five years after the 31 January filing deadline of the tax year they relate to, and companies must keep records for six years from the end of the accounting period. Digital copies are acceptable. Under Making Tax Digital the records must be kept in compatible software.

Workplace pensions and auto-enrolment

Auto-enrolment duties begin the day you take on your first employee, not when the Pensions Regulator writes to you. Eligible staff must be enrolled, contributions paid every pay period and re-enrolment carried out every three years. Director-only companies without employment contracts are usually exempt. Fines for non-compliance are fixed and escalating.

Employer National Insurance

The cost of an employee is more than the salary. Employer National Insurance at 15% above £5,000 a year, the 3% minimum pension contribution, holiday pay, equipment and management time all come on top. The Employment Allowance of £10,500 reduces the National Insurance for most employers with more than one person on the payroll.

The trading and property allowances

The first £1,000 of trading income and, separately, the first £1,000 of property income each year is tax free under the trading and property allowances. Below those figures no return is needed for that income. Above them you can deduct the £1,000 allowance instead of actual expenses if that is better, which suits side businesses and single-room lets with few costs.

Questions

E-commerce Accountants questions from Blackfen

How do refunds and returns affect my VAT and accounts?

A refund reverses the sale and the VAT on it in the period the refund is made, not the original sale. Returned stock goes back into inventory at cost. Marketplace reports show these separately and we reconcile them so that both the VAT return and the profit figure reflect actual net sales.

Can you handle multiple currencies?

Yes. Sales in foreign currencies are converted at the rate on the transaction date for the accounts and at HMRC's published rates for VAT, and the difference between those and what actually lands in your bank is recorded as exchange gain or loss. The software handles this once configured correctly.

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 do I get started from Blackfen?

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 Blackfen 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 Blackfen 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 Blackfen today

Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.

WhatsApp for a fixed quote