E-commerce accountants · eBay sellers
Final value fees, promoted listings, international fees and returns broken out of every payout, so your books show what you really sold.
"eBay takes several kinds of fee before it pays me, and I cannot see them."
"I pay for promoted listings but do not know which listings make money afterwards."
"I have had a letter from HMRC asking about my eBay sales."
"Returns come out of my payouts and make my figures hard to follow."
What we do for eBay sellers
All of it included in your monthly fee.
One payout, broken down
Your bank sees one figure. Behind it are sales and a string of deductions, each of which belongs on its own line in your accounts.
We prepare that as a balanced journal for every settlement, and a qualified accountant reviews it before it is posted.
| eBay settlement | Amount |
|---|---|
| Gross sales | £2,700.00 |
| Final value fees | −£210.00 |
| Promoted listings | −£85.00 |
| International fees | −£25.00 |
| Returns | −£40.00 |
| Paid into your bank | £2,340.00 |
Illustrative example, not client data.
The compliance position
eBay collects your sales figures and reports them to HMRC once you make 30 or more sales, or more than about £1,700 (€2,000), in a calendar year. If your books show only the net payouts, they will not match what HMRC holds. We record your gross sales with every fee shown separately, so they do.
Between payouts you can ask "Which listings lose money after promoted listing fees?" and see the working. How it works.
Settlement journals for every channel, receipt capture and a cash forecast included. Selling on more than one marketplace? See how we handle every channel.
Selling your own unwanted belongings is not usually trading. Buying things to resell, or making items to sell, usually is. If your trading income is over £1,000 a year, the trading allowance, you need to tell HMRC.
Not necessarily. Reporting tells HMRC what you sold, not what you made. Tax depends on whether you are trading and on your profit. We work out the position and, if needed, put it right.
Take advice before you reply. We work out when trading began, rebuild your gross sales from your eBay records and prepare a response that agrees with what eBay reported.
A free discovery call to look at how your payouts are being recorded and what that is hiding. No obligation.
