What is Dropshipping?
Dropshipping is when your eCommerce store doesn't keep any stock. Instead, you buy a product from a third party (usually a wholesaler or manufacturer) and ship it directly to the customer. Sellers on marketplaces like Amazon frequently use this strategy.
Dropshipping is a great place to build a much more significant eCommerce presence. Still, there can be tricky tax issues if you ship goods from China and distribute them across the UK or internationally.
Fully integrated system
Consolidated stock, pricing, and customer order history are available with a fully integrated EPOS system.
If your Dropshipping company is already online and using technology, you can use online cloud accounting software and banking apps.
QuickBooks and Xero are fully integrated with leading eCommerce solutions like Shopify and WooCommerce and retailing apps like iZettle.
As your business grows, we can provide MTD compliant bookkeeping services, VAT planning advice, and year-end accounts.
The accounting service we offer
We are your dropshipping eCommerce accountants. We can provide targeted tax advice and reports that give you valuable insights into your business performance, so you can focus on growing your eCommerce business.
- Help you keep on top of the complex tax rules and VAT requirements when shipping to the UK & internationally
- Our dedicated team of experts will look after any accounting, bookkeeping, VAT and payroll needs.
- Make sure you are using the right VAT scheme for your business so that everything is covered from self-assessment, Corporation tax, VAT or distance selling requirements.
Our accounting software partners
VAT is one of the most critical areas of compliance when Dropshipping. We use systems like Xero, Quickbooks, and Freeagent that can automatically sync your store with your accounting system. This gives our clients unparalleled data and saves them thousands in bookkeeping and accounting fees.
If you are using accounting software for the first time, we can advise on the best platform to use for your dropshipping business.
We are trusted partners with: SimpyVAT.com, Veeqo, Xero (Platinum Partners), Quickbooks (Platinum ProAdviser), Freeagent (Accredited Partner), Dext, GoCardless and many more.
Partnership with SimplyVAT.com
From registering your business for VAT to looking after your monthly filings and communicating with tax authorities – our exciting partnership with SimplyVAT.com will take the stress out of VAT compliance. With their personal service, tax technical knowledge and practical industry experience you can trust them to support you through your global expansion plans.
As a Dropshipping eCommerce client you will receive £50 off their registration fee & 50% off their first month of VAT compliance when you use SimplyVAT.com.
Why online sellers choose us:
Tax-technical expertise and eCommerce specialists
SimplyVAT.com experienced team of VAT experts have the knowledge to help with any VAT problem.
Transparency and ethical practices
SimplyVAT.com core values are Honesty and Collaboration and always operate with transparency. You are in control and you will always know what is happening with your VAT accounts.
Removing the burden of VAT
As an entrepreneur, you have 1000’s of other things to look after. You can go for global domination knowing that your VAT obligations are in safe hands with Dropshipping eCommerce Accountants, Fusion Accountants and our partner SimplyVAT.com
The personal touch
We know how important it is to trust a person who is supporting your business - that’s why your SimplyVAT.com dedicated Client Manager will be at the other end of the phone when you need them.
Accountants for Dropshipping. Take the next step to stress-free VAT compliance today!Learn more
What our customers say
Meet your ecommerce accountant
I joined the Fusion team in 2015, and as an ACCA qualified Client Accountant, I work closely with SME’s providing tax, accounts, and business advice.
I am also certified with Xero, QuickBooks & FreeAgent. I particularly enjoy using technology and smart apps to support the business’s needs and growth.
I like playing football (BIG Liverpool fan – YNWA!), cycling and trekking. I also enjoy travelling and visiting new places. My favourites destination so far would have to be Istanbul.