Australian-Coins Forum

Non Numismatic Discussion => Chin Wag => Topic started by: stevo1962 on April 04, 2014, 04:26:39 PM

Title: ATO
Post by: stevo1962 on April 04, 2014, 04:26:39 PM
So did anybody get the email from Ebay about them reporting
 your details to the ATO for $10000 + sales ?
Title: RE: ATO
Post by: Unicorn on April 04, 2014, 04:29:52 PM
:laugh2: ...... I can dream Stevo!

Seriously, I thought any transaction $10k and over has been the rule for years, regardless where in Australian it happens?
Title: RE: ATO
Post by: emu666 on April 04, 2014, 04:38:49 PM
They are talking about total sales of $10,000 for the year.
I don't know why ebay bothered to tell me; the ATO already know about my sales anyway.
Come to think of it; I don't know why ebay bothered to inform anyone.
Title: RE: ATO
Post by: trout on April 04, 2014, 04:43:43 PM
Quote from: 'stevo1962' pid='45753' dateline='1396590999'So did anybody get the email from Ebay about them reporting
 your details to the ATO for $10000 + sales ?

Not Me.
Title: RE: ATO
Post by: stevo1962 on April 04, 2014, 05:07:14 PM
It will be interesting to see how this unfolds
Title: RE: ATO
Post by: Unicorn on April 04, 2014, 05:09:44 PM
Stevo, could you perhaps post the "nitty gritty" of the email?

I was assuming a single transaction in my comment ..... Feathers' comment appears annually accumulative.

(Not that I'll be in the league ..... just interested).
Title: RE: ATO
Post by: Ozcoins on April 04, 2014, 05:14:03 PM
I thought that was something which came in quite a while ago?
Title: RE: ATO
Post by: emu666 on April 04, 2014, 05:21:18 PM
Dear Seller,
                               
                               
                                       
                eBay has received a formal notice from the Australian Taxation Office (ATO)
seeking information about members of www.ebay.com.au who had sales of AU $10,000
or more in the financial years from 1 July 2011 to 30 June 2012 and 1 July 2012 to
30 June 2013.  



Our records reflect that you had sales of AU $10,000 or more in at least one of the
relevant financial years. Therefore, eBay has to provide the ATO with certain
information about your account in order to meet its legal obligations. The
disclosure of this information will be in accordance with the eBay Privacy Policy.




The ATO has requested the following information about each eBay seller that meets
this threshold above:
                                                                Contact name and user ID
                                                                Email Address and IP Address
                                                                Company name/Business registration
                                                                Address
                                                                Telephone numbers
                                                                Date of Birth
                                                                Registration Date
                                                                Monthly sales for the relevant financial year (by value and number)
                                                                Power seller status
                                                                eBay store indicator
                                                       

                                               
                                       
                               
                               
                               
                                       
                                                For more information about the ATO and its online data matching program,
please visit its website at www.ato.gov.au, or consult with your professional
legal or tax adviser.
                                               


                                                Sincerely,

                                        The eBay Team



Please note: Replies to this email will not be reviewed and responded to.
Title: RE: ATO
Post by: robbiegal on April 04, 2014, 05:24:33 PM
I thought it was $20,000 notifiable  eeekkss!!!!!
Title: RE: ATO
Post by: trout on April 04, 2014, 05:25:13 PM
This is my track record for this year, This little fish  should be safe enough from the ATO sharks :)

185 transactions with total sales of  US $8,255.08
Title: RE: ATO
Post by: Unicorn on April 04, 2014, 05:31:05 PM
Fanx Fevers!
Title: RE: ATO
Post by: wwwww on April 04, 2014, 06:23:32 PM
Quote from: 'stevo1962' pid='45753' dateline='1396590999'So did anybody get the email from Ebay about them reporting
 your details to the ATO for $10000 + sales ?

Yep, I don't even sell on eBay anymore.
Title: RE: ATO
Post by: purplepennyhunter on April 04, 2014, 07:39:25 PM
Our eBay sales were/are included in our tax return so there is nothing further we need to do. I forwarded that email to our accountant and he wasn't concerned.
Title: RE: ATO
Post by: Fulvio on April 05, 2014, 01:58:23 AM
Quote from: 'trout' pid='45767' dateline='1396594513'185 transactions with total sales of  US $8,255.08

This is my track record for this year:

0 transactions with total sales of $0.00

Should be safe, eh?

Besides, I'm not registered on the AU site anyway. ;)
Title: RE: ATO
Post by: humpybong on April 05, 2014, 10:10:58 AM
I do not have to worry........:yahoo:
Title: RE: ATO
Post by: Bigfellani5 on April 05, 2014, 11:59:51 AM
I get one of these every year. Normally just a phone interview to check I am telling them the right thing