on 27-03-2021 04:07 PM
Who's stupid idea was it to change the way I get paid as a seller on eBay?
I would prefer to have the option of where I want my money to go! I'd prefer PayPal?
I have the money paid to PayPal for a reason...I don't want it to go to my Bank Account!
I guess now I won't be selling on eBay again!
I am in Australia.
So this means any monies deposited into a Financial Institution, the Australian Tax Office(ATO) will have it recorded come Tax Time.
If you are selling anything except personal effects, you are liable to declare the income for tax purposes. Are you declaring that you are a tax evader? FYI, the ATO requires eBay to advise them of sales by all sellers over a threshold.