Etsy Sellers accounting, handled.

For EU consignments under €150, IOSS lets you collect EU VAT at checkout via Etsy's registration so the buyer isn't hit with import charges. For US orders, Etsy now collects and remits sales tax in every state with marketplace facilitator rules — you don't need a US tax registration. We reconcile Etsy's settlement reports so the right amounts show in your UK accounts and nothing gets double-counted.

No — your VAT-taxable turnover is your gross sales to UK customers (the price the buyer paid), not your net payout after Etsy fees. So a shop with £85,000 of UK sales is close to the threshold even if only £65,000 hit the bank. We monitor your rolling 12-month UK turnover monthly so you're not caught registering retroactively with backdated VAT to pay.

Once your gross trading income exceeds the £1,000 trading allowance in a tax year, you must register for Self-Assessment and declare it. Beyond that, the badges of trade matter — frequency of sales, intent to profit, and how you source materials. We register you, set up clean bookkeeping from day one, and you only pay tax on actual profit after legitimate costs.

We set up a simple per-listing or per-collection cost card: materials at unit cost, packaging, postage, Etsy fees, ad spend, and a time-based labour figure. You don't need to weigh out clay for every mug — you average per batch. The result is a true profit-per-listing report so you know which products to push and which to retire.

Yes — either HMRC's flat-rate simplified expenses (£10–£26/month based on hours) or actual costs proportioned by room and time used. Actual is usually better if you have a dedicated craft room with utilities, but you need to be careful about Capital Gains relief on sale if a room is 100% business-use. We pick the right method for your situation and document it properly.