Do I need a specialist ecommerce accountant?
If you sell across multiple channels (Amazon, Shopify, eBay, Etsy), have FBA inventory, or sell into the EU, yes. Generalist accountants don't have tooling for marketplace settlement parsing, can't reconcile FBA fees correctly, and won't catch EU VAT obligations.
When does my ecommerce business need to register for VAT?
When your taxable UK turnover exceeds 90,000 pounds in any rolling 12-month period. Voluntary registration below the threshold is also possible and often worthwhile if your customers are B2B (so they can reclaim) or if you have significant input VAT on imports and equipment.
How does Amazon FBA accounting work?
Amazon settles roughly every two weeks, deducting their fees, refunds, FBA charges, and reserves from your gross sales. We use A2X or Link My Books to convert each settlement into a daily summary that posts to your accounting software with each fee category tracked separately.
What is the EU One-Stop Shop (OSS) and do I need it?
OSS is an EU scheme that lets you handle VAT on cross-border sales to EU consumers through a single quarterly return rather than registering in every EU country you sell into. If your distance sales to EU consumers exceed 10,000 euros a year, OSS is mandatory.
Sole trader or limited company for an ecommerce business?
Below 30k profit, sole trader is usually simpler and cheaper. Above 50k profit, a limited company structure typically saves 1,000-3,000 pounds a year in tax and shields personal assets from product-liability claims. Between 30k and 50k it's a judgement call.
What accounting software do you support for ecommerce?
FreeAgent is included free with all our packages and works well with A2X for Amazon and Shopify. We also support Xero if you have an existing licence.
Can I switch to GoForma from my current accountant?
Yes - switching is free and we handle the entire handover, including writing to your previous accountant for the professional clearance letter and pulling forward your last set of accounts. Most switches complete within 2-3 weeks.
What expenses can I claim as an ecommerce business?
All marketing spend, product photography, software subscriptions, inventory cost, fulfilment and shipping, packaging, FBA fees, marketplace fees, business insurance, accountancy fees, and a proportion of home office costs.
How much does ecommerce accounting cost?
Pricing depends on volume, channels and VAT obligations. Our packages start at 88 pounds per month for sole-trader Etsy sellers and scale up to 200-400 pounds per month for multi-channel limited companies with EU VAT exposure.
Do you handle Amazon EU FBA registrations?
We handle UK and EU OSS registrations directly. For country-specific VAT registrations in Germany, France, Italy and Spain (required if you use Pan-EU FBA), we work with established cross-border VAT specialists at preferential rates.