09-06-2020 02:43 PM
Hey guys,
I'm pretty sure I know the answer here, but will just verify with you guys... I'm based out of Calgary, but have listed everything on ebay.com (not .ca) for years. In my experience, I would typically have less buyers when listing on .ca, which is why I post in US funds on .com (US buyers often think they're buying from within the USA) . Anyhow, this is the 1st year where I'm collecting over $30k CAD, listings, fees & shipping incl., which required me to get a BN & GST number. I've activated the tax charges within .ca in the Seller tools, but the system didn't start charging the taxes. So, am I correct in assuming that it will only charge tax on listings created within ebay.ca? Is there a way around this outside of re-creating the listings on ebay.ca? Is it acceptable to simply track and take the tax portion out of what I receive from buyers (meaning the listings are basically tax-in)?
Thanks in advance!
09-06-2020 02:57 PM
Creating a tax table doesn't automatically make all your previous listings collect taxes. You have to go back to your previous listings and edit them.
There is a part of the listing that is a check box and says "Charge Sales Tax According To The Tax Table". This is under the seller details where you set the BIN/Best Offer price. You will find it there.
You can use the mass editor to edit all of them at once. You just go to active listings, click the top check box so that all listings are checked, and then select Edit All (#) Listings. From there, click edit fields, sales tax, and you can change your listings so that they will all charge sales tax.
09-06-2020 03:26 PM
Only Canadian buyers pay Canadian taxes.
So only your Canadian buyers will be charged GST, once you have all your listings corrected.
Is it acceptable to simply track and take the tax portion out of what I receive from buyers
Yes.
Revenue Canada doesn't much care whether you include the GST in the price or if you separate it out.
This came up when the GST was first introduced. KMart decided to include the new tax in their prices only adding provincial taxes where applicable.
They had an immediate drop in sales. Although customers hated the new GST, they hated the "higher" ticket price even more. That KMart was a 'discount' brand did not help.
IN your case you would be selling at the same price to US and Canadian customers? Unless you were adjusting the Flat Rate Shipping price for Canadians which would be a possibility.
09-06-2020 06:42 PM
Ebay.ca won't let me bulk edit the listings (only 1 by 1), I get an error when populating. I can on ebay.com, just not certain if it'll work however for Canadian taxes. I'll give it a go, and we'll see what happens. Thx!
09-06-2020 07:28 PM
09-07-2020 02:00 AM
The OP is based in Alberta which does not have a provincial sales tax and does have the provincial debt to prove it.
We only have to register to remit provincial sales taxes if we have a physical presence in that province.
So every Canadian seller who is successful enough to be collecting GST will be collecting it on all Canadian sales, but will only be collecting PST in her own province.
So if I were collecting GST here in BC, I would also be collecting PST. If I were in Ontario it would be HST instead but...I am not clear about whether an Ontario seller who collects HST would only collect GST in other provinces or if she would collect HST in say, New Brunswick.
HST-- @ricarmic can you help here?
09-07-2020 05:24 AM
I am registered to collect GST/HST .....
It is the collection of GST in GST provinces..... and .... The collection of HST in HST provinces..... HST = 13 % for ON, and HST = 15 % for NL, NB, PE and NS
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I sell books. Books are exempt from the provincial component of HST. Therefore for a province like Ontario for postage HST = 13 % while for books HST = 5 %..
For GST Provinces no PST is charged for books.... PST is charged on the cost of postage.
There is no option on eBay to have a different tax for the price of books than for postage.. I must then include all taxes... GST and HST in the cost of an item.... This has been done for 10 years...
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It is at the bottom of all of my listings that I state......
Canadian residents - The applicable rates for PST and GST/HST are included in all prices.
My business number is also present at the bottom of all listings.... and with all invoices.
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If a seller is registered to collect GST/HST and then lists in US dollars on eBay.com, the best way to collect taxes from a Canadian buyer would be to include the tax in the cost of the item being sold and postage...
OP does sell one book..... Provincial tax , PST should not be collected if the book is sold to a Canadian buyer.
I do have to collect PST in the province of Manitoba if the annual total sale of taxable items.... not books... to Manitoba buyers is over $10,000.... Canadian dollars
09-07-2020 05:45 AM
If a Canadian seller is registered to collect GST/HST... than they collect GST on sales plus postage to buyers who live in GST provinces and HST in HST provinces.
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I sell books...
For books GST = 5 % to buyers in GST provinces... and... HST = 5 % to buyers in HST provinces
The full value for HST is charged on postage for Canadian buyers in HST provinces....
09-07-2020 08:37 AM
@reallynicestamps wrote:The OP is based in Alberta which does not have a provincial sales tax
and does have the provincial debt to prove it.
We only have to register to remit provincial sales taxes if we have a physical presence in that province.
So every Canadian seller who is successful enough to be collecting GST will be collecting it on all Canadian sales, but will only be collecting PST in her own province.
So if I were collecting GST here in BC, I would also be collecting PST. If I were in Ontario it would be HST instead but...I am not clear about whether an Ontario seller who collects HST would only collect GST in other provinces or if she would collect HST in say, New Brunswick.
HST-- @ricarmic can you help here?
Yep Cumos beat me to it.....
09-10-2020 12:13 AM
Thanks everyone for your input. I got 'er figured. Bulk editing the listings within ebay.com worked, and everything now charges the appropriate taxes! I'm including invoices within all Canadian sales that also state my GST#. The fun part will come at tax time..
This has been an exceptionally good year for me, as my profits on items sold are at 66%. Considering I was out of work for 4.5 months in 2020 & 9 months in 2019, selling off my personal collection came in rather handy. Sometimes it does pay to collect stuff hah.
09-10-2020 12:35 AM
Does AB collect sales taxes monthly? ON did when we had our shop.
09-10-2020 01:33 PM - edited 09-10-2020 01:36 PM
@reallynicestamps wrote:Does AB collect sales taxes monthly? ON did when we had our shop.
GST/HST 2020 reporting requirements:
* Annual (under $1.5 million in sales)
* Quarterly ($1.5 to $6 million in annual sales)
* Monthly (over $6 million in annual sales)
A Seller is allowed to "upgrade" to more frequent reporting...
-..-
04-19-2021 06:04 PM
Yet another tax-time question: I got a GST# at the beginning of Sept. 2020 since I went over the $30k threshold. Started accepting GST then, and know how much I have collected from that point to Dec. 31st, 2020. When it comes to reporting everything for taxes, I assume I'm reporting on the whole year for COGS etc, it's just the GST that only covers the last 1/3 of the year. Anyone aware of any red flags I should be aware of, or things I could easily miss? Naturally not wanting to be audited, so I wanna be very transparent and provide everything I need. FYI I sell on ebay.com, not .ca, and am based out of AB.
Thx