Running a Shopify store can move quickly. One month you are testing products, the next you are managing stock, payment fees, VAT questions, international orders, refunds, advertising costs and cash flow.
At Yorkshire Accountancy, we help UK Shopify sellers keep their accounts clear, compliant and useful. Whether you are a sole trader, a limited company, a growing ecommerce brand or a side hustle that has started to take off, we can support you with bookkeeping, tax returns, VAT, software, accounts and practical financial advice.
We are based in Hull and work with businesses across Yorkshire and the UK. Our aim is simple: to help you understand your numbers, meet your tax obligations and make better decisions as your Shopify business grows.
Selling on multiple platforms? Our e-commerce accountancy services will provide all the support you need.
Shopify businesses often have more moving parts than a traditional small business. Your sales may come through Shopify, Shopify POS, Amazon, Etsy, TikTok Shop, eBay or other marketplaces. Your payments may be split between Shopify Payments, PayPal, Stripe, Klarna, Clearpay and other providers. Your costs may include stock, packaging, shipping, apps, advertising, fulfilment, returns and platform fees.
That can make the accounts messy if everything is not set up properly from the start.
We help Shopify sellers with:
If your Shopify store is growing and your bookkeeping is becoming harder to manage, we can help you put a cleaner system in place.
Shopify gives you useful reports, but those reports do not always tell the full accounting story. Sales, payouts, refunds, fees, discounts, VAT and stock movements all need to be treated correctly.
Common issues we see with Shopify sellers include:
These problems can lead to inaccurate profit figures, unexpected tax bills and poor business decisions. We help you build an accounting process that gives you a clearer picture.
Good bookkeeping is the foundation of a profitable Shopify business. It is not just about keeping HMRC happy. It is about knowing what you are actually making after fees, stock, shipping, returns, advertising and overheads.
We can help you record and reconcile:
Where appropriate, we can help you move from manual records to cloud accounting software such as Xero or QuickBooks, with a process that is easier to maintain each month.
VAT is one of the biggest areas of confusion for ecommerce businesses. Shopify can help with tax settings, but those settings still need to reflect your actual VAT position.
We can advise on:
For Shopify sellers, VAT should be considered before you hit the threshold, not afterwards. If your store is growing quickly, we can help you plan ahead so VAT does not come as a surprise.
Many Shopify sellers start locally and then begin selling across the UK, Europe, the US or further afield. International selling can create extra tax, VAT, customs and record-keeping considerations.
We can help you understand the accounting impact of:
We do not recommend guessing when international tax rules are involved. We can review your sales model and explain what needs checking before you scale further.
Your accounting software should make life easier, not create more work.
We can help you set up or tidy up your Shopify accounting system, including:
Automations can save time, but only when they are mapped correctly. A poor integration can create duplicate sales, missing fees or misleading VAT reports. We can help you avoid that.
We support Shopify sellers with the core tax and accounting work needed to stay compliant.
For limited companies, this can include:
For sole traders, this can include:
We will explain what applies to your business in plain English, without unnecessary jargon.
Many Shopify sellers start as sole traders because it is simple. As the business grows, a limited company may become worth considering, but it is not right for everyone.
We can talk you through:
The right answer depends on your profit, risk, plans, personal income and how you want to run the business.
Allowable expenses depend on your business and the rules that apply, but common Shopify seller costs may include:
We can help you identify which costs are allowable, which need careful treatment, and what records you should keep.
If your current accountant does not understand ecommerce, you may find yourself doing too much of the work yourself.
You may benefit from switching if:
We can liaise with your previous accountant, review your records and help you move across with minimal disruption.
Yorkshire Accountancy is a modern accountancy firm based in Hull, supporting businesses across Yorkshire and nationally.
Shopify sellers choose us because we offer:
We focus on giving you accurate accounts, useful information and straightforward advice so you can spend more time running your store.
Please call or email to arrange your FREE consultation for any of our services.
We’re a modern, friendly and proactive accountancy service.
Signup for our weekly business newsletter and special offers!
