eBay ‘Netflix tax’ coming in July

eBay has sent an emai out to users outlining changes to fees.

Australian who are not a registered business – which pays GST – will be slugged an additional 10 per cent on eBay fees.

“Important: “Netflix tax” effective 1 July 2017,” the email is headlined.

“From 1 July 2017, Goods and Services Tax (GST) will apply to fees on eBay.com.au, due to new legislation in Australia (the “Netflix Tax”),” the email reads.

“Businesses registered for GST will not be affected by this change if you register your Australian Business Number (ABN) with eBay here.”

The email also says “more information can be found here” with a hyperlink on ‘here’, but it just directs users to eBay.

Photo: Pixabay

Matt Male

Bachelor of Journalism post-graduate. Rides unicycles~

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