WARNING re Postage

WARNING to ALL Sellers.

Do you realise the ebay is classing POSTAGE as "INCOME".

Postage IS NOT income as it obviously goes to whoever you post/send your item with.

THIS IS A CRIMINAL ACT by ebay and NEEDS TO BE DEALT WITH.

If you sell low prised items eg, $1 - $5 YOU MAKE NOTHING out of the "sale".

Ebay is RIPPING YOU OFF.

 

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Good grief - get yourself an accountant.

 

When you lodge a tax return - you offset sales by costs to make those sales.

 

What's left over is taxable.