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Thread: Ebay announcement
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26th June 2011, 10:41 AM #1
Retired Member
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Ebay announcement
June 2011
Guess the ATO and Centrelink will be looking closely at a few Ebay sellers over the next few months.
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26th June 2011, 08:30 PM #2
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They are just copying the UK Inland Revenue, who are in the process of going thru' EBay hunting sellers who are 'regulars', no minimum value.
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26th June 2011, 08:51 PM #3
Senior Member
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Pretty simple. If you sell on eBay and it looks like a business then declare your income. Household stuff isn't a problem but if you are running a business then it's the same as if you have a shop on the street - declare it.
I have an eBay business that runs under $20K PA and I declare every cent. Pretty stupid if you don't and you get caught.
Danny
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