Ecommerce Accountant for Shopify, Amazon FBA and Online Sellers

Most accountants file your tax return once a year and call it done. If you sell online, that is not enough. You need someone who understands how Shopify payouts actually work, what an Amazon FBA settlement report contains, and why the number in your bank account is almost never your real revenue.

 

Taxity is a specialist ecommerce accountant serving online sellers across the UK. We handle your books, your VAT, your tax returns, and your monthly numbers — accurately, in real time, and with someone who actually knows your business.

✓  MAAT Qualified ✓ Decade of Experience ✓  Xero Certified ✓  Based in Fleet, Hampshire ✓  Fixed Monthly Fees

Illustrative graphic showing ecommerce accounting services — platform reconciliation, accurate revenue reporting, and VAT compliance

Why Ecommerce Businesses Need a Specialist Accountant

Selling online creates accounting problems that most generalist accountants are not equipped to handle. Here are the three most common issues we see when a new ecommerce client comes to us:

 

Your Shopify payout is not your revenue

The figure that lands in your bank account is a net figure. Shopify has already deducted transaction fees, processed refunds, and reconciled disputes before it sends you anything. If your accountant codes that deposit as income, your revenue is wrong — and potentially so is your VAT threshold calculation.

 

Amazon FBA settlement reports are not straightforward

A single FBA settlement contains dozens of line items: referral fees, fulfilment fees, storage charges, refunds, promotional credits, advertising costs, and reserve movements. The net deposit that reaches your bank can look nothing like your actual sales. Without the right integrations and expertise, none of this is being recorded correctly.

 

Annual accounts are not enough once you start growing

Once your ecommerce turnover passes £50,000, you need insight. You need to know which products are profitable, which platforms are growing, what your real cash position is, and whether you are approaching the VAT registration threshold — before it is too late to plan around it.

 

What Taxity Does for Ecommerce Sellers

We connect directly to your selling platforms and reconcile every transaction into Xero — every sale, every refund, every fee, every payout. You receive:

 

  • Platform reconciliation for Shopify, Amazon FBA, TikTok Shop, Etsy, eBay, and other channels
  • Monthly management accounts broken down by platform, product category, and region
  • Real-time Xero dashboard so you can see your numbers any time, not just at year-end
  • VAT registration advice and MTD-compliant quarterly VAT returns
  • Marketplace VAT compliance for Amazon and eBay
  • Corporation Tax or Self Assessment filing for the business owner
  • Payroll if you have employees or pay yourself through PAYE

 

Nothing falls through the cracks. One fixed monthly fee covers everything your ecommerce business needs to stay compliant and understand its own numbers. Read our blog on common accounting mistakes for Shopify stores

 

 

 

Graphic of ecommerce platforms

Platforms We Work With

We provide specialist ecommerce accounting for sellers on:

 

  • Shopify — including Shopify Payments, third-party gateways, and Shopify Markets
  • Amazon FBA and FBM — full settlement report reconciliation and marketplace VAT
  • TikTok Shop — including creator commission structures and payout reconciliation
  • Etsy — including Etsy Payments, VAT on handmade goods, and HMRC compliance
  • eBay — including managed payments and marketplace VAT obligations
  • Multi-channel businesses — if you sell across two or more platforms, we reconcile everything into a single clear picture

VAT for Ecommerce Sellers — Getting It Right From the Start

VAT is where ecommerce sellers most often get caught out. The rules are more complex than they are for a typical local business, and the penalties for getting it wrong are the same regardless of whether the mistake was accidental.

 

We advise ecommerce sellers on:

 

  • When you are approaching the VAT registration threshold and what to do before you hit it
  • MTD (Making Tax Digital) compliant quarterly VAT returns
  • EU VAT — including One Stop Shop (OSS) 
  • Import OSS (IOSS) for low-value consignments into the EU
  • Amazon's VAT Services and where your responsibilities lie
  • How VAT applies to digital products, subscriptions, and SaaS sold online

A Real Ecommerce Accountant. Not a Rotating Team.

Travis Cole MAAT, qualified accountant and founder of Taxity

I'm Travis, founder of Taxity. With over a decade of experience working with businesses and a deep specialism in ecommerce, I started Taxity for one reason: most accountants don't really understand how online businesses work.

Here, you deal with me directly. I know your platforms, I understand your numbers, and I'll always have time for your questions.

✓  MAAT Qualified ✓ Decade of Experience ✓  Xero Certified ✓  Based in Fleet, Hampshire ✓  Fixed Monthly Fees

What Ecommerce Clients Say

"Honestly just needed someone to sort my accounts out without it costing a ridiculous amount or taking forever to get a response. Found Taxity, had a call, and it was just straightforward from there. Everything's handled, I know what I'm paying, and I'm not chasing anyone for answers."

— Ecommerce seller, Hampshire

Frequently Asked Questions

Do I need a specialist ecommerce accountant, or will any accountant do?

A generalist accountant can handle your Self Assessment and annual accounts. But if you sell on Shopify or Amazon, a generalist will almost certainly be recording your income incorrectly — which means your VAT calculations, your profit figures, and your tax returns may all be wrong. Specialist knowledge is not a luxury for ecommerce sellers; it is essential.

 

How much does ecommerce accounting cost?

Taxity charges fixed monthly fees, agreed upfront. There are no hourly rates, no charges for emails or phone calls, and no surprises at year-end. Fees depend on the complexity of your business — the number of platforms you sell on, your transaction volume, and the services you need. The best way to get an accurate figure is to book a free discovery call.

 

I sell on multiple platforms. Can you handle all of them?

Yes. Multi-channel reconciliation is one of the things we do best. Whether you sell on two platforms or five, we integrate each one into Xero and produce a consolidated view of your business — by platform, by region, and in total.

 

I'm just starting out on Shopify. Is it too early to use an accountant?

No — it is actually the best time to get set up correctly. We can configure your Xero from day one, advise on whether to trade as a sole trader or limited company, and ensure your books are clean from the start. Getting this right early saves significant time and money later.

 

Do you work with ecommerce sellers outside of Hampshire?

Yes. Taxity is a fully remote practice. We work with ecommerce sellers across the UK — from London and the Midlands to Scotland and Wales. Location is not a barrier.

 

 

 

 

Ready to Work With an Ecommerce Accountant Who Gets It?

Book a free 30-minute discovery call. We will talk about your business, look at your current setup, and tell you honestly whether we are the right fit. No sales pitch. No jargon. Most sellers leave the call with at least one useful insight — whether or not they become a client.

📧 hello@taxity.co.uk     📞 07455 219369     📍 Fleet, Hampshire — UK-wide

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