Accounting for the
digital space.

During to the Covid-19 pandemic, more consumers than ever looked to the internet to shop from the comfort of their own homes. Due to the high levels of traffic online, it helps to have a team of supportive and business-savvy accountants by your side.

When trading online, you may not need to always necessarily pay income tax, depending on the level of income you bring in. The Government has provided a £1,000 tax-free threshold for people selling goods online. If you have an annual turnover of £85,000 or more, you will need to register for VAT. Regardless of your tax needs, we’ll help you get sorted.

We’re not just accountants who focus just on the details, though. Instead, we use the information we gather to help our clients with their cashflow and business strategy.

If you think you may need financing in the future, we can calculate your income and expenses and see if there’s a way to reinvest the money to help you develop and grow your business. If not, we’ll help you in your finance applications to make sure you get the funding you deserve.

With the help of cloud accounting, we can also integrate your online sales with accounting software, giving you your sales information in real-time, meaning it’s easier to keep track of your inventory and profit. In other words, we will support you and your eCommerce business and help you establish yourself in the online space any way we can.

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