Accounting Services for the Retail & Ecommerce in the UK
The fast-paced world of retail and e-commerce presents unique financial challenges, from managing fluctuating sales volumes to tracking inventory and ensuring compliance with complex tax regulations. At Jermyn & Co, we specialise in providing tailored accounting services for retail stores, online businesses, and hybrid models, helping you streamline your finances, improve profitability, and focus on delivering exceptional customer experiences.
Whether you run a small boutique or a global e-commerce store, our expert team is here to support your business’s growth and sustainability.
Why Jermyn & Co?
Why Choose Jermyn & Co for Retail and E-commerce Accounting?
At Jermyn & Co, we understand the dynamic nature of the retail and e-commerce industries. Our services are designed to help you:
- Stay Compliant – Navigate VAT rules, digital sales tax, and other regulatory requirements.
- Manage Cash Flow – Optimise cash flow in the face of seasonal demand and stock fluctuations.
- Track Inventory Costs – Accurately account for inventory, shipping, and storage expenses.
- Plan for Growth – Develop strategies to scale your business effectively.
With our industry expertise and proactive approach, you can trust us to handle your financial management with precision and care.
Accurate Records
Tax Savings
Time Savings
Scalability
Jermyn & Co
Explore Our Core Services for Retail and E-commerce
We provide a comprehensive range of accounting and advisory services tailored to the needs of retailers and online sellers:
1. Bookkeeping and Inventory Management
Accurate financial records and inventory tracking are critical to your success. Our services include:
- Detailed bookkeeping to track income, expenses, and supplier payments.
- Inventory cost tracking, including valuation and stock adjustments.
- Management of returns, refunds, and discounts to ensure accurate financial reporting.
2. VAT Compliance and Tax Planning
VAT compliance is complex for retail and e-commerce businesses, especially those selling across borders. We help with:
- VAT registration, calculations, and filing, including compliance with Making Tax Digital (MTD).
- Advice on cross-border VAT rules, including EU OSS (One-Stop Shop) schemes.
- Tax planning strategies to optimise your liabilities and avoid penalties.
3. E-commerce Platform Integration
Online businesses often operate across multiple platforms, such as Amazon, Shopify, and eBay. We assist with:
- Integrating accounting software to automate income and expense tracking.
- Consolidating financial data from various platforms for seamless reporting.
- Tracking fees, commissions, and shipping costs to ensure accurate profitability analysis.
4. Payroll and Staff Management
Retail and e-commerce businesses often have diverse staffing needs. We handle:
- Payroll for permanent, part-time, and seasonal employees.
- National Insurance, pensions, and compliance with HMRC regulations.
- Advice on structuring employee benefits to attract and retain top talent.
5. Financial Reporting and Performance Analysis
Understanding your business’s performance is essential for growth. We provide:
- Profitability analysis to identify your most profitable products and categories.
- Sales trend reporting to help you plan for peak periods and manage slow seasons.
- Insights into operational costs, including shipping, storage, and platform fees.
6. Business Growth and Strategic Planning
Looking to expand your store or online presence? We offer:
- Strategic advice on diversifying sales channels and exploring new markets.
- Budgeting and cash flow forecasting to support growth initiatives.
- Guidance on financing options for inventory purchases or new premises.
Jermyn & Co
What our clients say about their experience with us
Jermyn & Co
Frequently Asked Questions about Tax in Retail & E-commerce
We help you track inventory costs using appropriate valuation methods, ensuring that your financial records reflect your stock levels and profitability accurately.
Yes, we specialise in integrating platforms like Amazon, Shopify, and eBay with accounting software such as Xero and QuickBooks for seamless financial management.
Our cash flow forecasting services help you plan for seasonal fluctuations, ensuring you maintain financial stability year-round.
You must register for VAT if your taxable turnover exceeds the UK threshold (£85,000). For international sales, cross-border VAT rules may also apply. We’ll guide you through the process.
Our Accountancy Services
We offer a range of services to help you manage your finances and grow your business.
Why Jermyn & Co?
Why Choose Jermyn & Co for Your Accounts?
At Jermyn & Co, we’re more than just accountants – we’re your partners in success. Our accountancy services are designed to help you:
- Stay Compliant – Ensure your financial records meet HMRC and Companies House requirements.
- Save Time – Let us handle the numbers while you focus on growing your business.
- Improve Efficiency – Streamline processes and reduce errors with expert support.
- Plan for Growth – Use actionable insights to guide your financial decisions and achieve your goals.
With our proactive approach, you’ll gain the confidence and clarity you need to succeed.
Why Jermyn & Co?
Why Choose Jermyn & Co for Business Tax?
Tax legislation in the UK can be complex and ever-changing, but with Jermyn & Co by your side, you’ll have access to expert advice and practical solutions.
Our services include:
- Strategic Tax Planning – Helping your business plan effectively to reduce your overall tax liabilities.
- Corporation Tax Filing – Ensuring accurate and timely submissions to HMRC.
- VAT Compliance – Assisting with VAT registrations, returns, and managing thresholds.
- R&D Tax Credits – Maximising available credits for your innovation and development projects.
- Self-Assessment Support – Tailored assistance for self-employed individuals or partnerships.
With our expertise, you can focus on running your business while we handle the numbers. We’re committed to helping you stay ahead of deadlines and legislation changes.
Corporation Tax Compliance
VAT Services
R&D Tax Credits
Tax Planning and Advisory
Why Jermyn & Co?
Why Choose Jermyn & Co for Personal Tax?
At Jermyn & Co, we understand that everyone’s financial situation is unique. Our personal tax services are designed to help you:
- Optimise Tax Efficiency – Leverage allowances, reliefs, and deductions to minimise your tax liability.
- Ensure Compliance – Stay on top of filing deadlines and HMRC requirements to avoid penalties.
- Plan for the Future – Align your tax strategy with your long-term financial goals.
- Simplify Tax Complexity – Let us handle the details so you can focus on what matters most.
From simple tax returns to complex financial arrangements, we provide expert advice and support tailored to your needs.
Proactive Tax Planning
Expert Guidance
Tailored Solutions
Stress-Free Compliance
Why Jermyn & Co?
Why Choose Jermyn & Co for Corporate Finance?
At Jermyn & Co, we understand that every business is unique. Our experienced team offers a personalised approach to corporate finance, helping you:
- Secure Financing – Access the funding you need for expansion, acquisitions, or working capital.
- Plan for Growth – Develop tailored financial strategies to achieve your business objectives.
- Manage Mergers & Acquisitions – Navigate complex transactions with confidence, from valuations to negotiations.
- Optimise Financial Performance – Streamline processes, reduce costs, and maximise profitability.
Whether you’re a start-up seeking investment or an established business exploring new opportunities, we’ll provide the expert guidance you need to succeed.
Business Valuations
Mergers & Acquisitions (M&A)
Fundraising & Investment
Financial Modelling
& Forecasting
Why Jermyn & Co?
Why Choose Jermyn & Co for HR Services?
At Jermyn & Co, we understand that every business is unique, and so are its HR needs. Our tailored HR services help you:
- Stay Compliant – Meet the latest UK employment laws and regulations with ease.
- Save Time and Resources – Let us handle the admin while you focus on growing your business.
- Engage Your Team – Build a positive, productive workplace with our employee engagement solutions.
- Grow with Confidence – Ensure your HR strategy aligns with your long-term business objectives.
Whether you need ongoing HR support or help with a specific issue, our experienced team is here to assist.
Payroll Management
HR Compliance
Employee Engagement & Retention
Training & Development
Why Jermyn & Co?
We offer tailored accounting services to various sectors through Norfolk & Suffolk.
Jermyn & Co
How We Help Retail and E-commerce Businesses Succeed
At Jermyn & Co, we provide more than just accounting services – we deliver strategic value to help your business thrive in a competitive market. From managing inventory costs to optimising tax efficiency and planning for growth, our proactive approach ensures you have the tools and insights to succeed.
Ready to Take Control of Your Finances?
Talk To Us
Schedule a consultation to discuss your accounting needs.
Plan and Implement
We’ll create a customised financial strategy tailored to your business.
Achieve Results
Streamline your finances, stay compliant, and grow your business with expert support.
Sector-Specific Services and Related Offerings: