- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Highlight
- Report Inappropriate Content
01-06-2017 11:14 PM - edited 01-06-2017 11:16 PM
I have been corresponding with eBay about the GST issue. eBay confirms that it is required from 1 July to pay GST on its fee revenue from Australian sellers and it will pass on this cost to the sellers unless we register our ABN with eBay. I have an ABN but I am not registered for GST. eBay advises me that I should record my ABN with them even though I am not registered for GST as then I "will be exempted of getting GST charges on top of your seller fees on eBay".
I have sent all this to the ATO for clarification - not that I don't trust eBay's advice but I don't trust eBay's advice!! AND it doesn't add up!! I get that eBay may now have to pay GST on its revenue (about time) and I get that, like many businesses, eBay will simply pass on this cost to sellers but I can't see how eBay can waive the GST for sellers with an ABN - even those who are registered to collect GST who would claim it back anyway.
Still wonder if this GST issue will also apply to paypal fees.