04-05-2025 04:50 PM - edited 04-05-2025 04:53 PM
It's dreaded tax time and I'm a little confused about shipping fees on our tax invoices. Hope someone can help me.
On our Tax Invoices, eBay has separated shipping fees into Shipping Fees and Non-eBay Shipping Fees. I assume this separates Canadian and US shipping labels (??? could be wrong) and their sum is listed on the Finacial Statement under Shipping Labels.
Only one month doesn't add up and I could care less, only a $10 difference in my favour - tyvm.
My question is where is the shipping label tax line? I spent probably about $1K on CAD labels and would like to claim the hst like I always do but there's no figure given.
Do you all just reverse tax it so 1k is $115.04? (at 13% ON rate)
And is eBay keeping this money? I mean it's nowhere and I looked everywhere. On shipping labels page, it only gives a final amount. There's no breakdown to display tax.
Thanks!
@fallsavenue wrote:It's dreaded tax time and I'm a little confused about shipping fees on our tax invoices. Hope someone can help me.
On our Tax Invoices, eBay has separated shipping fees into Shipping Fees and Non-eBay Shipping Fees. I assume this separates Canadian and US shipping labels (??? could be wrong) and their sum is listed on the Finacial Statement under Shipping Labels.
Only one month doesn't add up and I could care less, only a $10 difference in my favour - tyvm.
My question is where is the shipping label tax line? I spent probably about $1K on CAD labels and would like to claim the hst like I always do but there's no figure given.
Do you all just reverse tax it so 1k is $115.04? (at 13% ON rate)
And is eBay keeping this money? I mean it's nowhere and I looked everywhere. On shipping labels page, it only gives a final amount. There's no breakdown to display tax.
Thanks!
They don't break the tax out on shipping labels. We've complained about it many times. My understanding (which could be wrong - you should talk to an accountant) is that we can't claim the tax since there's no specific indication of taxes being charged.
For items going to the States it doesn't matter. For items that qualify for Expedited Lite, you're probably best just getting the label anyway.
For other labels, I'd suggest looking into a 3rd party that does break the tax out. EasyShip breaks it out but they don't include their GST/HST number on the invoice (I think that means lower cost labels can be claimed but not expensive ones?). ClickShip gives a full breakout with their GST/HST number (you can't buy Canada Post through them though). Shipping Chimp gives a full breakout with their GST/HST number. Sendle Canada gives a full breakout with their GST/HST number. I believe Sendle also charges QST on labels to Quebec, so keep that in mind.