In a nut-shell, the news today about ebay collecting /remitting sales
tax does not affect you. You don't need to do anything. And registering
a business number to record your sales would be a mistake if its only
personal-use items from your collectio...
But if you are just selling old personal stuff you have no purchase
invoices, correct? If you start a business selling this stuff your cost
per item will be zero and your gross profits will be 100% of the net
proceeds of the sale. Even if you expense...
So you're saying you are getting rid of all your old 'stuff' before you
kick it? But you have been a member for 21yrs? Did you only start
selling recently? If the sales are really just your hording & hobbies
over the last 30yrs you are probably bette...
Yes, sales taxes apply to the item price + whatever you charged for
shipping. The ebay tax chart calculator has been in place for many years
and is doing just this. I really don't know if ebay will tax buyer's
correctly based on exempt items or by pr...
I looked at your history , and you are a small business like it or not.
Your sales show a pattern - like hobby or craft/antique shops. If you
are getting stuff for free, then you are making large profits and that
would be interesting to cra. If you a...