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March 14, 2025
⬝5 minute read
Affiliate marketing is one of the most scalable online business models—you promote products, earn commissions, and get paid while you sleep.
But when it comes to taxes, accounting, and tracking affiliate income, things get messy fast.
Are you declaring affiliate income correctly? Are you paying too much tax? Could you be saving thousands with better tax efficiency?
If you’re earning through Amazon Associates, TikTok Shop, ShareASale, Awin, or any other affiliate platform, you need an accountant for affiliates—not just a generic accountant who doesn’t understand your income streams.
In this guide, we’ll break down how to choose the right accountant for affiliates, what to look for, and why Social Commerce Accountants are the best choice for UK-based affiliate marketers.
Affiliate earnings aren’t like a standard salary or business income—they come from multiple platforms, different currencies, and various commission structures.
A general accountant might be able to file your tax return, but do they:
✔ Understand how affiliate marketing commissions are taxed?
✔ Know the best tax setup for full-time vs. side-hustle affiliates?
✔ Help you track earnings across multiple networks efficiently?
✔ Ensure you're VAT compliant (if you’re hitting thresholds)?
✔ Advise on tax efficiency so you keep more of your earnings?
If the answer is no, you could be overpaying tax, underreporting income, or making costly accounting mistakes.
Rory Preston, founder of Eudemo, found the right support:
"Extremely positive experience—quick responses, great support, and a true one-stop shop for all my accounting needs."
Affiliate marketing is one of the most scalable online business models—you promote products, earn commissions, and get paid while you sleep.
But when it comes to taxes, accounting, and tracking affiliate income, things get messy fast.
Are you declaring affiliate income correctly? Are you paying too much tax? Could you be saving thousands with better tax efficiency?
If you’re earning through Amazon Associates, TikTok Shop, ShareASale, Awin, or any other affiliate platform, you need an accountant for affiliates—not just a generic accountant who doesn’t understand your income streams.
In this guide, we’ll break down how to choose the right accountant for affiliates, what to look for, and why Social Commerce Accountants are the best choice for UK-based affiliate marketers.
Affiliate earnings aren’t like a standard salary or business income—they come from multiple platforms, different currencies, and various commission structures.
A general accountant might be able to file your tax return, but do they:
✔ Understand how affiliate marketing commissions are taxed?
✔ Know the best tax setup for full-time vs. side-hustle affiliates?
✔ Help you track earnings across multiple networks efficiently?
✔ Ensure you're VAT compliant (if you’re hitting thresholds)?
✔ Advise on tax efficiency so you keep more of your earnings?
If the answer is no, you could be overpaying tax, underreporting income, or making costly accounting mistakes.
Rory Preston, founder of Eudemo, found the right support:
"Extremely positive experience—quick responses, great support, and a true one-stop shop for all my accounting needs."
Most affiliate marketers get paid via:
A general accountant won’t understand these income streams, but an affiliate accountant should.
Your accountant must:
✔ Know whether you should operate as a sole trader or a limited company
✔ Understand international affiliate payments and withholding tax
✔ Track and report affiliate income accurately for tax returns
The UK tax system isn’t built for affiliates—but a good accountant will help you make it work in your favour.
✅ Should you register for VAT as an affiliate?
✅ Can you structure your income to lower your tax bill?
✅ Are you claiming the right expenses to reduce your taxable income?
You might be overpaying tax because you’re not claiming deductions you’re entitled to.
If you’re an affiliate marketer, you can legally deduct expenses like:
✔ Website hosting, domains, and software
✔ Paid ads and traffic acquisition costs
✔ Subscriptions to SEO tools like Ahrefs or Semrush
✔ Video or image editing software for content creation
✔ Home office costs and workspace expenses
✔ Education and training courses to improve your business
A specialist accountant for affiliates will help you keep more of your earnings legally.
VAT can be a hidden nightmare for UK-based affiliates.
If your accountant doesn’t know the answers, they could be costing you money or putting you at risk of VAT penalties.
Kevin & Mel, founders of Mocha Matcha, worked with tax experts and saw the benefits:
"The best accounting team we've worked with—meticulous, responsive, and provided valuable guidance for our company setup."
If you’re getting paid in USD, EUR, or other currencies, you need an accountant who:
✔ Knows how to handle international tax obligations
✔ Advises on the best way to receive affiliate payouts (to reduce fees)
✔ Tracks currency fluctuations and helps with multi-currency bookkeeping
A good accountant won’t just keep you compliant—they’ll help you optimize your finances to increase profitability.
Book a free, no-obligation call today: