In May 2019, we listed 6 new E-commerce trends that we believe will benefit your E-commerce business in our articles Popular E-Commerce Trends to Start Following In 2019 (Part 1) and Popular E-Commerce Trends to Start Following In 2019 (Part 2). After three months, we have revisited the topic being so inspiring and useful, we …
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As an online trader who sells on online marketplaces, you may be familiar with the differences between eBay and Amazon – eBay is better suited for individuals and sole traders, and Amazon is a platform oriented towards third-party sellers and small businesses. That said, this is not the only difference between these two, as there …
Continue reading "eBay Sellers: The £1,000 Tax-Free Allowance You May Not Know About"
The Fulfilment House Due Diligence Scheme was introduced on 1 April 2018 by the UK Government in order to prevent sellers from outside the EU committing fraud when storing their goods in UK warehouses. It is common for sellers based outside of the European Union to make online sales to customers in the UK, and …
In our previous article we discussed how it is important for your business to optimise its online platforms so that you can stay ahead in the E-Commerce game, and presented 3 E-Commerce trends that are predicted to be popular this year. Here is Part 2 of Popular E-commerce Trends to Start Following In 2019, in …
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The E-Commerce landscape is always changing, and as it is growing every year, more and more businesses are selling their products and services online. More businesses mean more competition, and it is important to optimise your own online platforms so that you can stay ahead in the E-Commerce game. Here is Part 1 of Popular …
Continue reading "Popular E-Commerce Trends to Start Following In 2019 (Part 1)"
In every business, some transactions are recognised and recorded that relate to revenue. There are two different accounting system methods available that relate to the recording of transactions which is known as cash system accounting and accrual system of accounting. The only difference between the two methods is the bookkeeping entry which is timing. The …
What is R&D Tax Relief? R&D Tax Relief is the term used to describe when companies are awarded R&D Tax Credits. “R&D” stands for “Research & Development” in R&D Tax Credits. These particular tax credits are special in the sense that they are designed to reward innovation and fuel growth. For businesses that invest in …
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When venturing into the world of business for the first time, it can feel rather daunting not knowing where to start and whom to turn to for guidance. One of the first things to consider when forming a new business is choosing a legal structure for it, which can either be a sole trader, limited …
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What are PSD2 and SCA? On 14 September 2019, the Payments Service Directive 2 (PSD2) will come into effect. This is a new regulation that was passed by the EU in 2015, designed to make online payments more secure for both the merchant and the customer. The directive enables consumers and businesses to use third-party …
Continue reading "PSD2 and Strong Customer Authentication (SCA) – How will they affect me?"
If you are an employer, under Real Time Information (RTI) you are required to submit a Full Payment Submission (FPS) to HMRC every time you pay your employees. The deadline for the amended Full Payment Submission (FPS) for Tax Year 2018/2019 is 19th April 2019 in which you need to report your employees’ pay, any …
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J&P Accountants: Blog 