Do Amazon, eBay and Etsy report my sales to HMRC?
Yes. Since 1 January 2024, digital platforms collect details about their sellers and report them, with the seller's income from the platform, to HMRC. A seller with fewer than 30 sales of goods in a calendar year and less than €2,000 (about £1,700) from them is not reported. Being reported does not automatically mean you owe tax. Read the full answer.
When do I need to register for VAT?
When your taxable turnover for the last 12 months goes over £90,000, or you expect it to go over £90,000 in the next 30 days. Zero-rated sales count towards it. You register within 30 days of the end of the month you went over. Read the full answer.
Does Making Tax Digital for Income Tax apply to me?
It applies to sole traders whose qualifying income is over £50,000 (from 6 April 2026), £30,000 (from 6 April 2027) and £20,000 (from 6 April 2028). Qualifying income is your turnover from self-employment and property before expenses, so for a seller it is your gross sales.
I sell a few things on the side. Do I need to tell HMRC?
If your gross trading income is £1,000 or less a year, you usually do not need to tell HMRC. Above that, you register for Self Assessment by 5 October after the tax year. Selling your own used possessions is usually not trading; buying or making goods to sell for profit usually is.
Should I sell as a sole trader or a limited company?
It depends on your profit. A company pays Corporation Tax at 19% on profits of £50,000 or less and 25% at the top rate, with Marginal Relief in between. A sole trader pays Income Tax plus Class 4 National Insurance of 6% on profits between £12,570 and £50,270, and 2% above. We work through both with your own figures.
What does each plan cost?
Starter is £89 a month, Growth £179 a month and Scale £349 a month. Catch-up is £99 per month of records, software setup £349, VAT registration £99, payroll from £25 a month and the confirmation statement £80, including the £50 Companies House fee.
Do you add VAT to your fees?
The UK VAT treatment of our fees is shown on your invoice, and your written quote sets it out before any work starts.
How do I pay?
In pounds sterling, against your invoice. The payment details are on the invoice.