The cost of getting VAT wrong
Sell £40,000/year on Margin Scheme. If your tool assumed Standard 20%, you've over-reported output VAT by ~£3,300 (the difference between VAT on margin vs VAT on gross). HMRC won't refund the difference unless you discover the error and correct it — and you have four years from the end of the relevant period to do so.
FRS sellers see the same problem in reverse: a tool that maths Standard 20% output VAT and full input reclaim against an FRS reality (where input VAT generally isn't reclaimable) gets you 5–15% wrong, depending on your sector's Flat Rate percentage.
Set your scheme once in Business Profile. Numbers come out right every time.
How VAT-aware P&L reports work in 4 steps
- 1
Connect your eBay account
Read-only OAuth — this is reporting, not publishing. DashVue pulls every sale, fee, refund, payout, claim, and dispute from your eBay history.
- 2
Set your VAT scheme once in Business Profile
Standard, Flat Rate (with your sector's percentage), Margin Scheme, or not VAT-registered. The reports respect your scheme automatically — no per-report toggling needed.
- 3
Open Reports → Profit & Loss
Pick a date range from presets — This month, Last month, This quarter, This UK tax year (6 Apr → 5 Apr), Last UK tax year, Last 12 months, or custom. Toggle comparison mode (vs prior period or prior year) for delta reporting.
- 4
Export as CSV or PDF
CSV for your accountant — line-item granular, importable into Xero/QuickBooks/FreeAgent. PDF print template — clean, SA103-shaped, signature-ready, suitable for filing or audit.
Three reports, one accounting picture
Profit & Loss
Full P&L statement with VAT-aware income, cost of sales, gross profit, expenses, net profit. Advanced fee breakdown toggleable for transaction / promoted / insertion / upgrade fees.
Per-Item
Net profit by SKU. Refunds per SKU. ROI per SKU. See which items actually make money once eBay fees and VAT are deducted — and which you should stop sourcing.
Cash Flow
eBay payouts mapped to actual bank-arrival dates. Pending balance, landed balance, weekly cash-in / cash-out chart. Plan stock spend around when money actually arrives.
A P&L your accountant can actually use.
Beta is open to UK eBay sellers. Founding-member pricing locked in for early adopters.
Start free trialSelf-Assessment ready — line items map straight to SA103
HMRC's self-employment supplementary form (SA103) has specific boxes the P&L numbers go into. DashVue's report lines match those boxes one-for-one.
| DashVue line | SA103 box |
|---|---|
| Gross sales | Box 15 — Turnover |
| Cost of sales | Box 16 |
| Gross profit | Box 17 (calculated) |
| Total expenses | Boxes 19–29 (by category) |
| Net profit | Box 31 |
You still file the form yourself (or your accountant does) — DashVue gives you the inputs, not the submission.
Two HMRC requirements DashVue handles automatically
The compliance details most tools quietly forget.
Margin Scheme — invoice statement
HMRC requires Margin Scheme invoices to include the statement: “VAT is included in the margin between the purchase price and the selling price; the buyer cannot reclaim it.” DashVue auto-includes this on every Margin Scheme PDF and CSV export.
Flat Rate Scheme — calculation record
HMRC requires sellers on FRS to keep a record of their flat-rate calculation each VAT period. DashVue does this every period — your applicable percentage, the gross turnover it was applied to, and the resulting output VAT, all auditable from the report.
What the reports module doesn't do
Honest list, so you know the boundaries.
- Doesn't file your VAT return or self-assessment. Produces the numbers; you (or your accountant) do the filing. DashVue is not MTD-certified bridging software.
- Doesn't sync live with Xero / QuickBooks / FreeAgent. CSV export bridges the gap — copy-paste workable, but no API integration yet.
- eBay only. Doesn't pull Amazon, Etsy, or Shopify sales. Multi-channel sellers need to combine manually.
- Doesn't calculate corporation tax. Limited-company sellers need their accountant for that step. The P&L gives the inputs, not the final tax bill.
- Doesn't forecast. P&L looks backwards. No “predict next quarter” view.
- Doesn't estimate. If you haven't entered COGS for an item, that's flagged in the report — never silently filled with a guess.
- Not real-time to the second. Reports use your latest synced eBay data — usually within 4 hours. Hit Sync from the eBay Connection page if you need up-to-the-minute figures.
Start your free 7-day trial
VAT-aware P&L reports are included on every DashVue plan. Beta is open to UK sellers — start your trial below.
Solo plan — £9/month, cancel any time. We’ll redirect you to app.dashvue.co.uk to finish creating your account.
See /pricing for plan details. Reports are on Core and Pro + AI.
Last updated: 9 May 2026.