VAT is applicable on the sale of the majority of the goods in the UK. Currently, the VAT rate is 20% on most of the goods that you sell on Amazon. But there are a few types of items that have 5% or even 0% VAT. Any business that has revenue of more than £85,000
Starting your very own online business is an exciting affair for any entrepreneur. With an ecommerce store, your products and services will be available to your customers all day and night, as well as all year-round. You will also have the opportunity to expand your customer base from locals to international customers if you so
Running an eCommerce business is challenging and has several moving parts that are difficult to optimise. With the help of an accounting firm such as Infinity22, it’s possible to see impressive results and feel confident with how the company is growing. We are experienced, well-trained, and have credible knowledge when it comes to accounting in
About 50% of Amazon’s 2019 total revenue came from their third-party seller program. More and more businesses are setting up shop on the platform to take advantage of Amazon’s trusted brand, class-leading logistics technology, and enormous traffic. This means the competition among Amazon Fulfillment by Amazon (FBA) sellers is not only stiff, but it will