For tax efficiency, most Limited company directors opt for a combination of salary and dividends. A lower salary, typically below the National Insurance threshold, combined with dividends, can reduce your overall tax burden. For more details, check out our article on how much you should take as a salary from your Limited company.

There's no legal requirement for an Ecommerce business to have an accountant. However, given your responsibilities as a director and the various taxes involved, an ecommerce accountant can be a valuable partner to keep your finances in order. They’ll save you time, ensure compliance, and help you focus on growing your business while managing your ecommerce accounting needs.

Your accounting period determines when you’ll need to prepare and submit accounts to Companies House and HMRC. To simplify this, store all business records, such as expenses and sales invoices, in secure online accounting software. This helps you stay compliant with HMRC’s Making Tax Digital (MTD) rules and streamlines your tax returns. With Crunch, your ACCA-certified accountant can handle the heavy lifting for you!

Crunch’s Ecommerce business packages start from just £167.50+VAT per month, depending on your turnover. This includes access to a dedicated accountant, bookkeepers, and Accountancy Relationship Advisors who’ll help you manage your finances, tax obligations, and more.

It's easier than you might think! Your ecommerce accountant and Accountancy Relationship Advisors will guide you through the process, making sure that everything runs smoothly.

As an Ecommerce Limited company director, you may pay several taxes. Such as Corporation Tax, National Insurance, and VAT. What you pay and how much depends on your situation. For a more detailed breakdown, we’d recommend checking out our article on taxes for Limited company directors.

Each of the following counts as a Sales Channel:

• A single Amazon Merchant ID (for one region)
• A single Shopify store
• A single eBay store
• A single Etsy store

For Amazon, one merchant ID can give you access to multiple European marketplaces. Not sure? Our advisors can clarify this for you. Not sure? Don't worry, our advisors can clarify this for you.

Absolutely! We can support Sole Traders, but there may be benefits to transitioning to a Limited Company. Our advisors can discuss this with you. If you're just starting out as a Sole Trader, check out our Sole Trader Pro plan.

If your ecommerce limited company has made a profit, it can pay a dividend to shareholders. It’s important to remember that dividends aren’t a business expense when calculating your Corporation Tax, and that it’s illegal to pay a dividend if your company doesn’t have sufficient profit after tax available to cover the dividend amount.Yes, if your Ecommerce Limited company is profitable, it can pay dividends to shareholders. However, remember that dividends aren’t a business expense for Corporation Tax. It’s also illegal to pay a dividend if your company doesn’t have enough post-tax profit to cover it.

Yes, you’ll need to include every relevant business bank transaction to ensure your accounts stay balanced. With Crunch’s secure Open Banking connections, you can link your business account to import transactions, making bank reconciliation simple.

Your accounts must be filed with Companies House within nine months of your accounting period’s end. Your Corporation Tax return and accounts must be submitted to HMRC within 12 months after the accounting period ends.

As an Ecommerce business owner, you may be eligible for various tax deductions, such as those related to marketing, software, equipment, and more. Our Ecommerce accountants will make sure you’re maximising your deductions to reduce your tax liability.