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Vintage Star Wars Collecting
Vintage Collecting Chat
Paypal Fees on Tax
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<blockquote data-quote="olisuds" data-source="post: 526167" data-attributes="member: 2119"><p>Just looked at an eBay paypal transaction and not sure whats going on with tax (VAT) and fees.</p><p></p><p>Never noticed the buyer (in the US) paying tax. The email said it was VAT.</p><p></p><p>Also how much are the paypal fees? £6.65 is 5.4% of £123 !! That doesn't sound right!</p><p></p><p>Amount £111.00</p><p>Postage £12.00</p><p>Tax£6.66</p><p>Purchase total £129.66</p><p>Fee -£6.65</p><p>Tax collected by eBay -£6.66</p><p>Total£116.35</p><p></p><p>Interested to know how this is worked out!</p></blockquote><p></p>
[QUOTE="olisuds, post: 526167, member: 2119"] Just looked at an eBay paypal transaction and not sure whats going on with tax (VAT) and fees. Never noticed the buyer (in the US) paying tax. The email said it was VAT. Also how much are the paypal fees? £6.65 is 5.4% of £123 !! That doesn't sound right! Amount £111.00 Postage £12.00 Tax£6.66 Purchase total £129.66 Fee -£6.65 Tax collected by eBay -£6.66 Total£116.35 Interested to know how this is worked out! [/QUOTE]
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Vintage Star Wars Collecting
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Paypal Fees on Tax
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