Shopify Fee Calculator UK

Shopify’s fee structure can be a little bit complicated to say the least!

*Updated for the 2023 Price Increase*

And while there are other Shopify fee calculators out there, they don’t work for the UK market as it has different subscription fees and the Shopify Payments fees are also different to the US.

That is where our is different as it is set up just for the UK market and hopefully it will help you get a better understanding of the fees you will be paying so that you can choose which plan is going to be right for your business.

How does the Calculator Work?

We wanted it to be as easy as possible!

  • Step 1: Choose whether you want to calculate monthly or yearly fees
  • Step 2: Choose which payment methods you are using (select all the ones that apply)
  • Step 3: If you are using a payment gateway other than Shopify Payments or PayPal, you will need to enter the percentage fee they charge (just enter the number, you don’t need to put the % symbol) and the fixed transaction fee they charge in the format of 0.30 for example
  • Step 4: Enter the value of the sales and the number of sales you have/plan to get
  • Step 5: Scroll down to see a breakdown of the fees and to total you will pay per package

What Fees do Shopify Charge?

As this page is about a calculator for Shopify fees, let’s take a deeper look into the fees that Shopify UK charges and because we are nice, we will also include PayPal’s fees here as well because most Shopify stores will offer PayPal.

1. Transaction Fees

These are the Shopify fees that trip most people up as they aren’t explained all that well (except for on EcommerceGold obviously!), so what are they?

Shopify transaction fees are fees that are charged on any payment received using a third-party payment gateway, such as as PayPal or Amazon Pay and it depends on the package you are on as to the fee you pay, with the:

  • Shopify Basic package fees being 2%
  • Shopify Standard package being 1%
  • Shopify Advanced package being 0.5%.

These transaction fees do not apply to payments received using Shopify Payments or any offline payments such as Cash on Delivery.

2. Shopify Payments Fees

Using Shopify Payments doesn’t mean you get to process transactions for free, you are just not charged the additional transaction fee that we talked about above.

Quick fact about Shopify Payments is powered by Stripe, which is why you don’t see Stripe as a payment option in Shopify.

Now as with the transaction fee, it does depend on the package you are on as to what the fees are:

  • Basic: 2% + 25p transaction fee
  • Standard: 1.7% + 25p transaction fee
  • Advanced: 1.5% + 25p transaction fee

So basically, the bigger the package you are on, the less you pay in fees and we will cover below the sales figures that make it more cost-effective to move to a bigger package.

3. Shopify PayPal Fees

PayPal fees on Shopify are 2.9% + 30p, which is what they are if you are using any other ecommerce platform.

Which Shopify Package Should you Choose?

There are a few different variables to consider, such as what is the split between Shopify Payments sales and PayPal? How many transactions will there be? Are you paying monthly or annually for your package?

But to keep it simple we went with a 50/50 split in sales, with the average transaction value being £20 and paying for your package monthly as that should apply to quite a few stores and of course, we used our calculator!

  • Shopify Basic: for sales up to around £100,000 a year
  • Shopify Standard: for sales between £100,000 and £900,000 a year
  • Shopify Advanced: for sales of £900,000+ a year

Obviously, with the advanced package, there comes a point where Shopify plus becomes an option but as that is custom pricing, we haven’t included it here.

Now these are just estimates based on the parameters set above and each store’s figures will vary due to sales values and quantities sold being sold but we thought this would give a good benchmark to work from.