Accounting

E-commerce Accountants · South East London

E-commerce accountants in Well Hall

E-commerce accountants for Well Hall sellers who want the payouts to reconcile and the VAT return to be right first time. Channel integrations post sales and fees automatically, inventory is accounted for properly in the top package, and the year-end accounts tie back to the marketplace reports. Online, fixed-fee, with nothing filed until you approve.

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 Well Hall

Online sellers in Well Hall: 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 Well Hall, 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

What you get in Well Hall

One fixed fee for e-commerce accountants in Well Hall, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.

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

No appointments, no travel across South East London, no parking. Everything for e-commerce accountants in Well Hall happens online, with a real person on the other end during UK working hours.

A named person handles your e-commerce accountants from Well Hall and knows the file, so you are not re-explaining your business to a different helpdesk each time.

The output for Well Hall clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for e-commerce accountants.

Nothing is filed for Well Hall 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 Well Hall

Well Hall is in South East London, within Greenwich, in the SE9 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
Eltham North0.5 miE
Eltham0.5 miS
Eltham West0.6 miW
Middle Park0.9 miSW
Kidbrooke Village1.0 miW
Middle Park and Sutcliffe1 miSW
Kidbrooke with Hornfair1 miNW
Shooters Hill1 miNE

Worth knowing

Rules that come up in this work

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.

Salary versus dividends

Paying yourself from a company involves two routes with different tax treatment. Salary through payroll is a company expense and builds a National Insurance record; dividends come from post-tax profit at lower personal rates. Undocumented drawings that are neither become director's loans, with a 35.75% section 455 charge if not repaid within nine months of the year end.

Corporation Tax rates and marginal relief

Companies pay Corporation Tax at 19% on profits up to £50,000 and 25% on profits over £250,000. Between those figures marginal relief applies, producing an effective rate that rises gradually and a marginal rate of 26.5% on each pound in the band. The thresholds are divided by the number of associated companies, so a director with two companies has thresholds of £25,000 and £125,000 for each.

The VAT registration threshold

Watching the rolling twelve-month turnover figure is one of the quiet jobs of monthly bookkeeping, because the £90,000 VAT threshold arrives silently. Crossing it brings quarterly returns, Making Tax Digital software and a decision about schemes. Crossing it late brings a bill for VAT you could not recover from customers and a penalty for failing to notify.

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.

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.

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.

Questions

E-commerce Accountants questions from Well Hall

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.

Why does e-commerce bookkeeping cost more than ordinary bookkeeping?

Because a single payout from a marketplace bundles hundreds of sales, fees, refunds, advertising charges and reserves, and each has a different VAT treatment. Reconciling the payout to the underlying report is the job. Our fee is fixed by channels and VAT status rather than by transaction count for exactly this reason.

What is in the £79 single-channel package?

Monthly bookkeeping reconciled to one marketplace or store's reports, software integration, and the annual accounts and tax return (Corporation Tax for a company or Self Assessment for a sole trader). It is for sellers under the £90,000 VAT threshold; once VAT registration is needed the £129 package applies.

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.

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

Yes. The fee published on this page is what a client in Well Hall 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.

Do you have an office in Well Hall?

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

Start the conversation from Well Hall

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