OFLIPS

Accountant - Amazon FBA - DMs Open

[OFLIPS @0FLIPS]

Ever wondered how much a company car actually costs you in tax each year? I've built a calculator so you can see all the figures.📊

https://t.co/02chraQJRB

[OFLIPS @0FLIPS]

@1000asins Guide

[OFLIPS @0FLIPS]

If your Ltd company owes you a large Director’s Loan, consider charging interest 👇

✅ Corporation tax deduction for the company
✅ Taxed as savings income
✅ Can use your £5k starting rate + £1k savings allowance

Done properly, it can be more efficient than extra dividends.

[OFLIPS @0FLIPS]

If you run a Ltd company, don’t miss this 👇

Your company can usually cover the cost of eye tests for directors & employees who use screens regularly.

HMRC treats this as a tax-free benefit, so:
-No Benefit in Kind
-No P11D reporting
-Corporation tax deductible

[OFLIPS @0FLIPS]

@roaspete EASY

[OFLIPS @0FLIPS]

Sole Trader switching to Ltd with credit card debt? Generally, you can’t transfer credit card debt from a sole trader to a Ltd

More realistic options
• Company lends you money → Director’s Loan
• Clear debt before switching
Make sure you bookkeep this properly to avoid issues

[OFLIPS @0FLIPS]

@Profit4goods Most people in the OA space use Hiscox or Policy Bee who are then underwritten by Hiscox.

[OFLIPS @0FLIPS]

Make sure you've got your Product Liability Insurance sorted!
-Make sure your store name (trading name) is listed on the policy.
-If you change your store name, update them straightaway.
-Notify them immediately of any chance of a claim.

[OFLIPS @0FLIPS]

Ltd company owners: reminder that your Christmas party can be tax-free 🎉

You get up to £150 per person (incl VAT) for annual events - no PAYE, no NIC, and Corporation Tax deductible.

Single Director? Bring a spouse or family member.

Use it or lose it!

[OFLIPS @0FLIPS]

We saved our client £2,000+ in VAT by catching a basic bookkeeping mistake. Accurate records don’t just keep you compliant — they protect your cashflow. Stay on top of your Bookkeeping ✔️

[OFLIPS @0FLIPS]

@Olly_FBA @TheFreeTwo Bonus ends in a couple weeks

[OFLIPS @0FLIPS]

@Olly_FBA @TheFreeTwo There is currently a 30% transfer bonus on Amex to Marriott which makes the redemption value quite good

[OFLIPS @0FLIPS]

@ZBarkiss @YourAAT I didn’t realise you had to resit if the syllabus changes that’s very annoying. 1 exam a week as not fun after a couple weeks the motivation dropped on a weekly basis 😂

[OFLIPS @0FLIPS]

Just finished up on the @YourAAT exams.
✅ Level 2, 3 & 4 Completed
✅ 5 Level 4 Exams In 5 Weeks
❓ Anyone Need A New Accountant

[OFLIPS @0FLIPS]

@GistStrate @YourAAT Thanks mate

[OFLIPS @0FLIPS]

@dandealine @YourAAT Just wanted them over with 😂

[OFLIPS @0FLIPS]

@TalismanicNRG @YourAAT Set up with a mate

[OFLIPS @0FLIPS]

@samazonfba1 @YourAAT Thanks mate

[OFLIPS @0FLIPS]

@TalismanicNRG Somehow they can just jump on the listing at like 50% less, take the buybox and not even ship the products as they don't have any or ship something completely different. Even with Brand Registry, nothing can be done.

[OFLIPS @0FLIPS]

Anyone in the PL space have a long-term solution to Chinese listing hijackers? Seems impossible to beat.