UKTax
Shops / Online Retail · UK accounting software

You handle the orders.
See the costs behind the sales.

Sales are only part of the picture. Stock purchases, parcels, postage and payment fees all affect what is left. UKTax gives shops and online sellers a useful category setup and a simpler way to turn bank and PayPal records into current accounts.

£9.99per company / month
+ VAT

£11.99 including 20% VAT. All business templates use the same package.

Start your 30-day free trial See what it does for you ↓

Card verification only. No trial payment. No automatic subscription at the end.

Online retail business owner smiling while holding a parcel at a packing bench
Know the costs behind the orders.
Made useful for

Independent shops, online sellers and small retail businesses.

See all business types →
Practical benefits for the work you do

A useful setup.
Tools that earn their place.

Spend less time organising the records and more time using what they tell you.

01

Retail categories from the start

Goods for resale, packaging, delivery and postage, and payment processing fees are included in the template. Add a category for the way your shop works.

02

Give PayPal its own clear view

Import PayPal payments, receipts and fees. Keep currency balances separate and review refunds, transfers and GBP accounting values before processing.

03

Sort repeated purchases together

Review bank CSV entries on one page. Choose the category and VAT, then process matching entries when appropriate. Remember a regular supplier's category.

04

See profit after the costs

Current profit and loss uses processed records to show income against spending. See the effect of fees and delivery costs alongside the wider running costs.

05

Keep stock in the year-end picture

Balance Sheet Interpretation helps make missing stock values and supporting information visible. Record the year-end information needed alongside your transaction records.

06

Use projects when they help

The included project module can separate a pop-up, campaign or other defined piece of work. Keep the overall company view while reviewing allocated income and costs.

See how simple the everyday work can be

From a parcel payment to a clearer cost picture.

  1. 1

    Import the statement

    Bring in bank and PayPal CSV activity and review sales receipts, supplier purchases and fees.

  2. 2

    Sort the spending

    Allocate boxes to Packaging, postage to Delivery and postage, and processor charges to Payment processing fees.

  3. 3

    Check what is left

    Review the current profit and loss and the stock information needed for the balance sheet.

UKTaxExample entry
Parcelpack DirectIllustrative business payment
−£48.00
CategoryPackaging
ProjectOptional

Use this category next time too

VAT treatmentChoose after checking the invoice
Apply & process 1 entry

Category, allocation and VAT dealt with together. This is an example, not a live entry.

Start with something useful

Categories that already
make sense for your business.

These are the starting categories in the Shops / Online Retail template. Add your own as your business grows.

Projects are optional. Enable them for a pop-up, campaign or other part of the business you want to review separately.

Your everyday records. The yearly picture.

Know what is there.
See what is still needed.

Current profit and loss shows the income and costs in your processed records. Balance Sheet Interpretation helps you review assets, stock, debtors, cash, creditors and loans alongside missing starting information.

The Ask UKTax yearly books review uses one credit and saves a practical report. Open that saved report again without spending another credit.

A clearer way to get the books right

  • Check the statements you have brought in
  • Review entries that still need a category or VAT check
  • Find missing opening balances and supporting records
  • Review property or project allocation where needed
  • Use the saved yearly review to work through the next steps
20 Ask UKTax question credits each paid month. Unused credits roll over.
One useful company package

Relevant setup.
The whole UKTax toolkit.

Bank and PayPal imports, simple allocation, invoicing, reports, balance sheet help and the project module are included in the same monthly subscription.

  • Team and accountant access without a per-user charge
  • Separate company workspaces under one login
  • Ask UKTax credits included each paid month
  • View and export your records if trial or paid access ends

Choose this template during business setup. Professional accountancy and external filing service charges are separate.

See the full pricing and features →
One clear company package

£9.99 per company / month

Plus 20% VAT. Monthly total £11.99 including VAT.

  • Bank and PayPal CSV imports
  • Simple allocation with remembered categories and properties
  • Current profit and loss, balance sheet help and VAT preparation
  • PDF invoices and recurring schedules
  • Business templates, projects, jobs and properties
  • Team and accountant access without a per-user charge
  • 20 Ask UKTax question credits each paid month, with unused credits rolling over
Start your 30-day free trial

Verify your card through Stripe to start the trial. No trial payment is taken. Includes 5 Ask UKTax question credits. Choose whether to subscribe when your trial ends. One login can access several companies.

Clear answers before you start

Your business.
Your questions.

Does UKTax connect directly to a marketplace or till?

The imports described here use bank and PayPal CSV files. This page does not promise a direct marketplace, till or point-of-sale connection.

Is this a stock-management system?

This setup organises the accounts, including stock purchases and balance sheet information. It does not replace a live inventory system for product quantities or order fulfilment.

How do I deal with payment fees and refunds?

Keep fees and refunds visible in the imported records and review their treatment before processing. PayPal review helps distinguish income, costs, transfers and reversals.

How do I start with this template?

Create your company workspace, then choose Shops / Online Retail during business setup. You can explore before completing the full onboarding checklist. For an existing business, gather statements and opening balances when you are ready to use your records fully.

What is included, and how does the trial work?

Bank and PayPal CSV imports, entry allocation, invoicing, reports, projects, team access and 20 Ask UKTax question credits each paid month are included. The 30-day trial includes 5 question credits. Stripe verifies your card without taking a trial payment; you choose whether to subscribe at the end. Professional accountancy and external filing service charges are separate.

What VAT support is included?

Review VAT on your entries, plan period dates, see return figures and export the filing workbook for your external filing service. Direct HMRC VAT filing requires production approval. VAT treatment depends on the transaction and supporting information, rather than the template you choose.

Find the closest fit

Another setup might suit you too.

Small Business A straightforward starting point for everyday income, expenses and business decisions.Hospitality / Catering Organise ingredients and running costs, with optional site or event reporting.Transport / Delivery Organise fuel, repairs and vehicle costs, with optional vehicle or job reporting.
Back to all ten business types →
Shops / Online Retail · a simpler starting point

Turn busy sales days into numbers you can use.

£9.99per company / month
+ VAT

£11.99 including 20% VAT. All business templates use the same package.

Start your 30-day free trial

Card verification only. No trial payment. No automatic subscription at the end.