Hi everyone,I sell my personal things on ebay as a hobbyist. Last week, ebay told me that it had submitted a 2024 digital sales report to CRA because I sold more than $2800 last year. My annual sales summary is shown below.Total number of transactions = 16Total transaction amount = $4,072.00 CADTotal fees = - $592.19 CADGross refunds = $0.00 CADTotal taxes = - $364.55 CADNet adjustments = $0.00 CADConsideration = $3,115.26 CADBased on the information above, how much tax do I have to pay CRA? Tha...

If you only sold 'personal use property' (stuff you had lying around the house or items from your personal collection) and did not sell anything for more than $1,000, you do not have to report anything and do not have to pay any tax. (It is still a good idea to maintain records of all your sales.) Gains on the sale of 'personal use property' are considered capital gains, not business income. When calculating the taxable capital gain on 'personal use property', the 'adjusted cost base' is th...

How much tax do I have to pay Canada Revenue Agency? | Selling

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How much tax do I have to pay Canada Revenue Agency? | Selling | eBay Canada EN