@im_excited!! wrote:
The problem here is GST is charged on the eBay postage - but eBay is failing to state that on monthly invoices. This means sellers won't be able to claim a GST credit on their BAS because the eBay invoice is incorrect.
I'm only newly registered, so definitely still have some learning to do, but does this make any difference?
From the ATO website:
"You must have a tax invoice to claim a GST credit for purchases that cost more than A$82.50 (including GST)."
i.e. Would not each label purchase be a separate purchase? I understand that the tally can be over $82.50, but indvidually most (if not all) labels would be under, and you'd have separate records via each "postage label created" email.
It goes on further to say:
To claim a GST credit for purchases that cost A$82.50 or less (including GST), you should have one of the following:
a tax invoice
a cash register docket
a receipt
an invoice.
If you can't get one of these, keep a record of the purchase, such as a diary entry with:
the name and ABN of the supplier
the date of purchase
a description of the items purchased
the amount paid.
If the above doesn't apply, then this bit surely would: Your supplier has 28 days to provide you with a tax invoice after you request one. (i.e. eBay are obligated to provide you with a tax invoice if you request one).
https://www.ato.gov.au/Business/GST/Claiming-GST-credits/When-you-can-claim-a-GST-credit/
