Local Chartered Certified Accountants for Accounting services in UK

  Shopify vs Amazon FBA: what UK sellers get wrong about their own money Two platforms. Two completely different ways your revenue moves. One HMRC that expects it all accounted for correctly — whether you know the difference or not. Expert guidance from  SKZ Accountants  — specialist accountants in Ilford serving UK e-commerce businesses Contents The gross vs net problem every seller faces Amazon FBA : unpacking the settlement maze Shopify : the fragmented revenue challenge VAT obligations in the 2026   platform by platform MTD : the digital compliance baseline The software stack that keeps you clean How SKZ Accountants help Ilford sellers scale The number your bank shows you is not your revenue This is where most UK online sellers go wrong not through dishonesty, but through a misunderstanding baked into the way both platforms pay out. Whether you sell through Amazon FBA or Shopify, the figure landing in your business's current account is already stripped of fees...

In the UK, self-assessment tax returns have become an annual duty that comes in silently, then suddenly screams for urgent attention. Miss a deadline, and HMRC reacts remarkably quickly, automatically applying escalating penalties for the failure to act accordingly. Knowing what the key dates are, what they mean, and how to stay ahead of them can save you stress, money, and unnecessary correspondence with HMRC. Who Is Required to File a Self-Assessment Return ? You don't have to be a business owner to be obligated to file a self-assessment. You may need to file if you are: Sole trader or self-employed A company director A landlord deriving rental income. A higher-rate taxpayer with untaxed income Somebody receiving income from abroad, investments, or freelancing. If a notice to file has been issued by HMRC, the obligation exists even if you believe no tax is due. The Key UK Self-Assessment Deadlines The UK tax year runs from 6 April to 5 April. At the end of the tax year, the clock...

  Banks are 'cost winners' of AI boom, BlackRock says European banks remain undervalued, despite a strong rally AI could add $340 billion annually to global banking, McKinsey LONDON, Dec 15 (Reuters) - After a stellar 2025, investors expect shares in European banks to keep heading higher in 2026, supported by strong earnings and, crucially, cost savings stemming from artificial intelligence. As fears of a recession and  interest rate  cuts from the European Central Bank have subsided, investors have turned even more positive towards European banks, revising up their expectations for the sector, despite a complicated backdrop. Meanwhile, AI  https://www.reuters.com/technology/artificial-intelligence/  has emerged as a new force drawing investors to European lenders' shares, partly because a dearth of technology companies in the region has forced many to hunt for AI beneficiaries in old-economy markets. Banks have started to use AI to improve operational efficienc...

Image caption, Roy Marsh was issued a fine for spitting in Skegness A man who was fined for spitting out a leaf after it blew into his mouth has joined calls for "responsible" litter enforcement. Roy Marsh, 86, was hit with a £250 fine after an incident in Skegness, Lincolnshire, earlier this year. The story emerged after Adrian Findley, a county councillor, said he had received a number of complaints about similar "heavy handed" incidents in the seaside resort. East Lindsey District Council (ELDC) said enforcement teams, who work on behalf of the authority, would "only approach individuals who have been seen committing environmental crime offences". Mr Marsh claimed he was reprimanded as he stopped for a rest while walking across the South Parade Car Park in February. "As I was sitting there, a gale blew a big reed into my mouth. I spat it out and just as I got up to walk away two guys [enforcement officers] came up to me," he said. Mr Marsh was...

  Apple   ( AAPL ) stock has received three price-target hikes from Wall Street analysts this week. They see the consumer electronics giant benefiting from strong iPhone sales and the launch soon of an AI-powered Siri digital assistant. Late Monday, Citi analyst Atif Malik reiterated his buy rating on Apple stock and upped his price target to 330 from 315. But on the  stock market today , Apple stock dipped 0.3% to close at 277.18. Owners of iPhone 12 and 13 model handsets bought during the Covid pandemic of 2020 and 2021 are "entering their upgrade window," Malik said in a client note. He sees robust iPhone 17 sales throughout 2026 as consumers upgrade their smartphones. Malik also noted the possibility that Apple could push the release of the base model iPhone 18 from fall 2026 to early 2027. Earlier on Monday, Wedbush Securities analyst Daniel Ives raised his price target on Apple stock to 350 from 320. He kept his outperform rating. "2026 is going to finally be the y...