Accounting

E-commerce Accountants · South London

E-commerce accountants in Old Kent Road

If your Old Kent Road business sells through marketplaces, your own store or both, the hard part is not the bookkeeping, it is the VAT: when the marketplace accounts for it, when you do, how imports are treated, what happens with EU customers. We handle this for sellers across South London and the £149 health check finds the errors before HMRC does.

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 Old Kent Road

Online sellers in Old Kent Road: 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 Old Kent Road, step by step

  1. Tell us your situation

    A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.

  2. Fixed fee in writing

    You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.

  3. Send records, review the draft

    Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.

  4. We file, you get the receipts

    Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.

Why IGI

The IGI way of working, in Old Kent Road

No hourly rate and no surprise invoice. Old Kent Road clients know the fee for e-commerce accountants before they send a single document, and it stays fixed.

Deadline-first: the dates that matter for e-commerce accountants are shown at the top of this page, diarised for every Old Kent Road client and chased before they arrive.

We serve Old Kent Road remotely by design: records by WhatsApp or email, drafts back for approval, filing electronic. The saving on premises is passed to you in the fee for e-commerce accountants.

A named person handles your e-commerce accountants from Old Kent Road 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 Old Kent Road comes with a short explanation of what the figures mean and what, if anything, you should do about them.

You stay in control of e-commerce accountants: drafts go to Old Kent Road clients first, with the figures explained, and nothing leaves us until you say so.

Local facts

About Old Kent Road

Old Kent Road is in South London, within Southwark, in the SE1 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.

Nearby places we also serve for e-commerce accountants
PlaceDistanceDirection
East Walworth0.4 miW
Faraday0.6 miW
Grange, Southwark0.6 miN
Walworth0.7 miW
Livesey0.7 miSE
Bermondsey0.8 miNE
South Bermondsey0.9 miE
Chaucer1.0 miNW

Worth knowing

Rules that come up in this work

Crypto records and reporting

Most crypto holders have taxable events they do not recognise, because every swap is a disposal even when no pounds change hands. The computation requires the complete transaction history from every exchange and wallet, pooled by asset with HMRC's matching rules applied. Exchange-generated tax reports are frequently wrong because they cannot see transfers between a user's own wallets.

The 60-day property CGT return

Since April 2020 a gain on UK residential property must be reported and the tax paid within 60 days of completion through HMRC's dedicated service, separately from the annual return. Non-residents must report all UK land disposals in the same window whether or not tax is due. Getting the computation right first time matters because the figure is then carried into the Self Assessment.

Record keeping

Good records are the difference between a quick enquiry and a long one. For the self-employed, five years after the filing deadline; for companies, six years from the year end; for VAT, six years. Photographs of receipts, PDF statements and software exports all count. The requirement is to keep records, not paper, and a well-organised cloud folder satisfies it.

Allowable expenses

An expense is allowable against trading profit if it is incurred wholly and exclusively for the business. Materials, business travel other than ordinary commuting, a proportion of home running costs, software, insurance, professional fees, bank charges and protective clothing qualify. Client entertainment, ordinary clothing, fines and the private share of mixed-use costs do not.

Employer National Insurance

Employers pay National Insurance at 15% on each employee's earnings above the £5,000 secondary threshold, following the April 2025 changes. The Employment Allowance offsets up to £10,500 of this for eligible employers, which for a small team often removes the liability entirely, but companies where the director is the only employee do not qualify.

Workplace pensions and auto-enrolment

Every employer must assess its workers for automatic enrolment from the first employee's start date. Those aged 22 to State Pension age earning over £10,000 a year must be enrolled into a qualifying pension with minimum contributions of 8% of qualifying earnings, at least 3% from the employer, and a declaration of compliance made to the Pensions Regulator within five months.

Dormant companies

Dormancy is a status that is easy to lose. The strict rule is no accounting transactions other than share capital and Companies House fees, which means no bank account activity at all in practice. Fees should be paid personally by the director. A company that traded and has stopped becomes dormant only after its final trading accounts and tax return are filed and HMRC is told.

Questions

E-commerce Accountants questions from Old Kent Road

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.

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.

Do I need to register for VAT if the marketplace collects it?

Marketplace-collected VAT does not count towards your registration threshold, but your other sales do. Many sellers have a mix and cross the £90,000 threshold without realising. We monitor your rolling 12-month taxable turnover monthly and tell you when registration is approaching.

Should I trade as a sole trader or a company?

Many sellers start as sole traders and incorporate as profits grow. A company protects personal assets from supplier and platform disputes, and can be more tax efficient at higher profits, but adds compliance. Marketplaces also treat business accounts differently. We run the comparison for your numbers.

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.

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.

Do you have an office in Old Kent Road?

No. IGI Accounting is an online-only firm. We serve Old Kent Road and every other UK postcode remotely, with records sent by WhatsApp or email and everything filed electronically. The absence of local premises is why the fee for e-commerce accountants is the same in Old Kent Road as anywhere else in the country, and why there is nothing to visit and nothing to print.

Is e-commerce accountants in Old Kent Road really the same price as elsewhere?

Yes. The fee published on this page is what a client in Old Kent Road pays and what a client in any other part of England pays. It is confirmed in writing before work starts and the invoice matches the quote. Where a higher package applies because your situation is more complex, we say so at the quote stage, never afterwards.

Ready to fix your fee in Old Kent Road?

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