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on 01-06-2017 12:57 PM
@healthandstyle wrote:
Example 2
Mary who has an ABN and is registered for GST sells a dress for $100 ($90.90 + $9.10 GST) and pays a $10.00 final value fee. After 01 July, the final value fee will be $11.00 ($10.00 + $1.00 GST) which Mary will record in her accounting system and offset against GST collected from her sales in her quarterly BAS. Mary also has to provide a tax invoice if requested by the customer.
I believe this one is wrong Mary will pay the same fee as eBay will be exempt from charging Mary GST with their fees based on "business to bisness will be exempt" Ebay will charge GST only those who have not provided them their ABN or all private sellers.
Decoroo - Custom made wooden products