Accounting

E-commerce Accountants · South London

E-commerce accountants in Roundshaw

If your Roundshaw 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 Roundshaw

Online sellers in Roundshaw: 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 Roundshaw, 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

Why Roundshaw businesses file with IGI

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

We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Roundshaw get reminders at 60, 30 and 7 days before each date that applies to e-commerce accountants.

We serve Roundshaw 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 Roundshaw and knows the file, so you are not re-explaining your business to a different helpdesk each time.

We explain e-commerce accountants in the words Roundshaw business owners use, not in accountant's shorthand, and we show our working so you can check it.

Nothing is filed for Roundshaw until you have reviewed and approved it. You see the draft, you ask questions, you sign off, then we submit and send you the receipt.

Local facts

About Roundshaw

Roundshaw is in South London, within Sutton, in the SM6 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
Beddington South0.1 miSW
Russell Hill0.6 miSE
Bandonhill0.7 miN
Wallington South0.8 miW
Wallington, Sutton0.9 miNW
Purley Way0.9 miNE
Waddon, Croydon1 miNE
Beddington Hill1 miN

Worth knowing

Rules that come up in this work

Salary versus dividends

Directors of their own companies usually take a salary at or just above the National Insurance thresholds, which keeps the year qualifying for State Pension and is deductible for Corporation Tax, with further income as dividends. Dividends above the £500 allowance are taxed at 10.75%, 35.75% and 39.35% by band and can only be paid from distributable profits after tax, with a minute and voucher each time.

Director's loan accounts

Money taken from a company has to be something: salary, dividend, expense reimbursement or loan. If it is a loan and remains outstanding nine months after the year end, the company pays tax at the dividend higher rate on it until it is repaid. Clearing the balance with a properly declared dividend before the deadline, where reserves allow, is routine year-end work.

The VAT registration threshold

The £90,000 VAT threshold is measured over any twelve consecutive months, which is why a strong quarter can tip a business over unexpectedly. Registration must follow within thirty days of the end of the month the threshold was crossed. Below the threshold, voluntary registration is worth considering when customers are VAT-registered businesses and costs carry VAT.

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.

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.

Making Tax Digital for Income Tax

MTD for Income Tax replaces one annual return with quarterly digital updates and a year-end declaration, submitted from software. The threshold is gross trading and property income, measured two years earlier, and started at £50,000 in April 2026 before falling to £30,000 in April 2027. Anyone affected needs digital record keeping in place before their start date, not after.

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.

Questions

E-commerce Accountants questions from Roundshaw

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.

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.

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 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.

Do you have an office in Roundshaw?

No. IGI Accounting is an online-only firm. We serve Roundshaw 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 Roundshaw as anywhere else in the country, and why there is nothing to visit and nothing to print.

Is e-commerce accountants in Roundshaw really the same price as elsewhere?

Yes. The fee published on this page is what a client in Roundshaw 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 Roundshaw?

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