Does my total sales include postage paid or is it just actual sales?

Does the total sales mean just my sales or does it include  postage paid by customers? 

Thank you for  any help clarifying  this  🙂

Message 1 of 5
Latest reply
1 ACCEPTED SOLUTION

Accepted Solutions

Does my total sales include postage paid or is it just actual sales?

Excluding postage

View solution in original post

Message 3 of 5
Latest reply
4 REPLIES 4

Does my total sales include postage paid or is it just actual sales?

For tax purposes it is total income. Before postage, purchase costs, eBay or Paypal fees.

 

if you need to rely on eBay to do your accounts, I have no idea. And would not rely on them.

Message 2 of 5
Latest reply

Does my total sales include postage paid or is it just actual sales?

Excluding postage

Message 3 of 5
Latest reply

Does my total sales include postage paid or is it just actual sales?

Total income is all incoming funds includes postage then postage costs and others are deductable.

image host
Message 4 of 5
Latest reply

Does my total sales include postage paid or is it just actual sales?

Unless it is 'free'. which is postage included.

 

i have an account skirting very close to powerseller simply because I used to include postage in the price. I expect, as those listings fall off and get listed on my store account, that I will fall further away from that milestone as time goes by. Which has no effect on my income or liability for tax. Regardless of mandatory eBay reporting to the ATO.

Message 5 of 5
Latest reply