Accounting & Tax
Accounting built around how e-commerce revenue actually flows.
For Amazon and e-commerce businesses, accounting is more than bank transactions. We bring sales, refunds, platform fees, advertising, payment providers and tax obligations together in one picture.
Who it's for
E-commerce accounting is different from traditional accounting.
Marketplace and online selling create their own money flow, with sales, refunds, fees and payouts arriving from different sources.
- 01
Amazon sellers
Marketplace sales, refunds and fee movements.
- 02
Direct-to-consumer stores
Tracking payment provider and bank flows.
- 03
UK company owners
Annual accounts and Corporation Tax.
- 04
Multi-market sellers
Organising currencies and sales channels.
Money flow
What you sell and what reaches your bank are not the same.
On marketplaces such as Amazon, the gross amount customers pay differs from the net payout transferred to your bank account.
Sales, refunds, platform fees and other movements each need to be classified correctly. Recording the payout as a single income line can misstate both your profit and your tax position.
- Customer salesGross sales
- Refunds
- Marketplace feesCommissions and selling fees
- Advertising
- FBA / fulfilment fees
- Other adjustmentsReimbursements and adjustments
- Net payoutThe amount the marketplace transfers
- Bank account
United Kingdom
Core accounting processes for your UK company.
Company-law filings and tax returns are separate processes; we handle each on its own timetable.
- 01
Annual accounts
Preparing the company's annual financial accounts.
- 02
Corporation Tax / CT600
Computing the taxable result and preparing the CT600.
- 03
Confirmation statement
The annual confirmation of company details to Companies House — not a tax return.
- 04
Bookkeeping
Keeping income, expense and business transactions properly recorded.
- 05
Year-end preparation
Reviewing period-end entries and preparing for the financial statements.
- 06
Company compliance
Support with tracking the company's periodic obligations.
Annual processes
Annual filings and compliance by country.
We cover year-end accounts and Corporation Tax, and US federal and state obligations, in detail on dedicated pages.
- United Kingdom
- UK Annual Accounts & CT600
- United States
- US Annual Tax & Company Compliance
VAT
We review VAT alongside how you actually sell.
In marketplace selling, VAT outcomes can differ by sales model, stock location and fulfilment structure.
VAT obligations can vary with a company's structure, sales model, transaction volume and activities. Whether registration or filing is required is confirmed after an initial review.
VAT registration
Assessing whether registration is required, and the registration process.
VAT returns
Preparing periodic VAT returns.
Marketplace sales
Treating Amazon and other marketplace sales correctly for VAT.
Input VAT
Recording VAT on purchases and expenses.
Output VAT
Calculating VAT on sales.
Records & reconciliation
Keeping VAT records consistent with sales and bank data.
Getting started
What we need to get your accounting started.
The exact document list depends on your business structure, sales channels and the period involved.
- 01Amazon / marketplace reportsSales, refund and payout reports
- 02Business bank statements
- 03Payment provider statementsStripe, PayPal, Shopify Payments, etc.
- 04Invoices & business expenses
- 05Previous accounting recordsIf available
- 06Company information & filing history
Process
From documents to filing, one clear process.
- 01
Information & Documents
We gather company details, reports and statements.
- 02
Review & Classification
We classify sales, refunds, fees and expenses to the right accounts.
- 03
Reconciliation
We match marketplace, payment provider and bank data.
- 04
Preparing the Accounts
We prepare period-end entries and the financial statements.
- 05
Filing & Outcome
We prepare the required filings and share the outcome with you.
An important distinction
An Amazon report is not an accounting record.
Marketplace reports are source data. To become accounting, they need to be interpreted and classified correctly.
Amazon / marketplace data
- Sales
- Refunds
- Marketplace fees
- Advertising
- FBA fees
- Reimbursements
- Adjustments
Accounting output
- Revenue
- Cost classification
- Expenses
- Receivables / payables
- Bank reconciliation
- Profit / loss
- Tax position
Service modules
Accounting support, matched to what you need.
We can work with you on a single process or provide ongoing accounting support.
- Annual obligations
- Annual accounts
- CT600
- Confirmation statement
- Year-end accounts
- VAT
- VAT registration
- VAT returns
- Records & reconciliation
- Bookkeeping
- Amazon accounting
- Bank reconciliation
- Expense classification
- Continuity
- Company compliance
- Ongoing accounting support
Good to know
Tax outcomes depend on the business.
Tax liability is determined by a company's income, expenses, activities and the applicable legislation. No specific tax outcome or tax saving is guaranteed.
Frequently Asked Questions
About accounting and tax
Are Amazon reports enough for accounting?
Amazon reports are important source data, but they are not accounting records on their own. Sales, refunds, fees and payouts need to be classified correctly and reconciled with bank movements and other documents.
Does a UK company have to file annual accounts every year?
Generally, limited companies registered in the UK must file annual accounts with Companies House every year. Simpler rules can apply to dormant companies; we clarify the requirements for your company's situation together.
What is the CT600?
The CT600 is the Company Tax Return that UK companies submit to HMRC. It is based on the company's results for the period and the related tax computations.
When is Corporation Tax paid?
The payment date depends on the company's accounting period and profit level. For many smaller companies, payment is due 9 months and 1 day after the end of the accounting period; instalment rules can apply to companies with higher profits.
Is VAT registration mandatory for every UK company?
No, it isn't mandatory for every company. Whether registration is required depends on taxable turnover, activities and company structure; voluntary registration is also possible in some cases. We clarify your situation in an initial review.
How are Amazon fees treated as expenses?
Commissions, FBA and storage fees and advertising spend are generally recorded as business expenses, but each transaction needs to be classified to the right account and assessed for tax according to its nature.
Why is my Amazon payout different from my sales?
Before paying out, Amazon deducts refunds, fees, advertising costs and other adjustments from your sales. That's why the net payout reaching your bank differs from gross sales — and both need to be reflected correctly in the accounts.
Which documents do I need to send for accounting?
Usually marketplace reports, bank and payment provider statements, invoices and expense documents, plus company information. The exact list depends on your business structure and sales channels.
Can you review my company's past accounting periods?
Yes. We can review past records to help identify gaps or items that need correcting. The scope is confirmed in an initial review, based on the state of the existing records.
Related services
- UK Company FormationCompanies House registration and planning for post-formation obligations.
- Amazon ConsultingOne-to-one support for existing sellers across account health, listings, brand and advertising.
- VAT & ComplianceVAT, EORI and product compliance steps for selling in the UK and Europe.
- Trademark & Brand RegistrySupport with trademark filing and Amazon Brand Registry enrolment.
Let's begin
Let's plan your company's accounting together.
Share your company, sales channels and existing records, and we'll define the scope you need together.