ATO

stevo1962 · 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 ?

Unicorn · 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?

emu666 · 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.

trout · 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.

stevo1962 · April 04, 2014, 05:07:14 PM

It will be interesting to see how this unfolds

Unicorn · 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).

Ozcoins · April 04, 2014, 05:14:03 PM

I thought that was something which came in quite a while ago?

emu666 · 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.

robbiegal · April 04, 2014, 05:24:33 PM

I thought it was $20,000 notifiable eeekkss!!!!!

trout · 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

Unicorn · April 04, 2014, 05:31:05 PM

Fanx Fevers!

wwwww · 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.

purplepennyhunter · 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.

Fulvio · 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.

humpybong · April 05, 2014, 10:10:58 AM

I do not have to worry........:yahoo: