@24hlaptophater wrote:
It says here
- If your registered address is in Australia, Australian GST of 10% is payable on your eBay fees. Unless you registered for managed payments as a business and provided your tax registration details, we'll add GST to your eBay fees.
I don't have a business or GST registration. I am just a small-fry private citizen selling off my movie collection. Will i actually get charged GST by default as well?
Also, by my calculation, if i sell a $5 item with free postage, assuming $2,20 postage after 13,4% selling fee + $0,30 fixed fee + 10% GST + $2,20 postage. i will end up with a whopping impressive amount of $1,83.
Am i correct or am i doing something wrong here?
Some help would be appreciated.
Cheers!
small-fry citizens pay GST on the eBay fees. The 13.4% is GST inclusive.
Your calculations are correct.
On your example:
- eBay fee is [$5 x 13.4% +30c] = $0.97
- your payment from eBay will be [$5 - $0.97] = $4.03
- you end up with [payment - postage] = [$4.03 - $2.20] = $1.83
However, you are including the postage in your original Buy-Now price of $5 . . . meaning the actual item price is $2.80.
So, you get $1.83 out of $2.80
