Ecommerce Accounting Blog | Specialist Knowledgebase

HMRC Crypto Crackdown 2026: What You Need To Know

The days of UK crypto activity flying under HMRC's radar are over. From 1 January 2026 the Cryptoasset Reporting Framework (CARF) took effect, requiring UK-based crypto exchanges, brokers and wallet...

HMRC Letter: HMRC Has Not Yet Used Ebay, Amazon, Etsy and Vinted Platform Data Yet

HMRC has collected £40.5m from online marketplace sellers since 2022/23. None of it came from the AI use of platform reporting everyone thought HMRC was using – it was manual....

How Many Ecommerce Businesses Are There in the UK? (2026 Report)

Payrolling Benefits In Kind: What Employers Need To Know For 2027

Mandatory payrolling of benefits in kind starts on 6 April 2027. The traditional P11D and P11D(b) process that most UK employers use to report company cars, medical insurance and other...

Amazon FBA Inventory Accounting: Cost of Goods Sold for UK Sellers

Amazon FBA simplifies fulfilment. It also complicates accounting in ways most sellers do not see until year end. Stock moves between fulfilment centres, gets damaged or lost, comes back as...

IOSS and OSS Explained: A UK Ecommerce Seller’s Guide to EU VAT

Selling to EU customers used to be straightforward. Then Brexit happened. Now every parcel crossing the border has a customs declaration, every sale carries a VAT decision, and every UK...

Dropshipping Tax UK: How HMRC Treats Dropshipping Income

Dropshipping looks simple from the customer's side. They order, your supplier ships, you keep the margin. HMRC sees it very differently. To them, you are a UK trader earning income,...

TikTok Shop Tax UK: VAT, Income Tax and Bookkeeping for Sellers

TikTok Shop has gone from novelty to serious revenue channel for thousands of UK sellers since it launched here in 2021. The combination of viral content and one-tap checkout drives...

How to Reconcile Shopify Payouts in Xero: A UK Seller’s Guide

When Shopify sellers manually reconcile payouts in Xero, revenue and VAT are almost always incorrect. Learn how to stop hiding fees, correctly manage gift card liabilities, and automate your reconciliation...