Accountants for e-commerce sellers in Edinburgh.

Registration is generally required when taxable turnover over the previous 12 months exceeds £90,000, or when you expect taxable turnover to exceed £90,000 in the next 30 days alone. Marketplace reports need to be analysed transaction by transaction because the VAT treatment depends on where the seller, customer and stock are located and whether the marketplace is treated as the supplier for that sale.

Sometimes. If you ship from the UK directly to EU consumers, you can usually use IOSS (for parcels under €150) or have the customer pay VAT on import. If Amazon stores your FBA stock in Germany, France or other EU fulfilment centres, you trigger a domestic VAT registration in each of those countries — that does not go away with OSS. OSS replaces multiple country-level filings for distance sales from a single EU country, not for stock-held registrations.

First separate sales for which the marketplace is treated as the supplier from sales for which your business remains responsible for VAT. Then reconcile gross order activity, cancellations, refunds, fees and VAT reports to the settlement and bookkeeping. The correct return entries depend on the seller, customer and stock locations, so a single net bank deposit should never be used as the VAT calculation.

Fees incurred wholly and exclusively for the trade are normally deductible business costs. Their management-account classification should follow a consistent policy: many stores present variable processing fees within cost of sales or contribution margin so channel economics remain visible, while statutory-account presentation may be broader. We document the policy and reconcile the fees to processor reports.

Yes. We separate sales, marketplace-collected VAT, Amazon fees, refunds, advertising charges, fulfilment costs and reserves before reconciling the net payout to the bank. That prevents turnover and VAT being recorded as the cash deposit alone and gives management accounts a reliable gross-margin base.

At minimum: profit and loss, balance sheet, cash flow, VAT and tax reserves, inventory value, stock cover, landed product cost, gross and contribution margin, refunds, marketplace fees and advertising spend by channel. We agree the pack and delivery timetable around the decisions the owners need to make.

Yes. We help clean up settlement reconciliations and stock records, establish a consistent monthly KPI history, separate exceptional or owner-specific costs and prepare forecast information that can support buyer due diligence and valuation discussions.