01-03-2022 09:52 AM
Why is my final value fees include shipping and sales tax??? Sales tax is paid by the buyer and should not be included in the final purchase price. S&H should be handled separately and fees shouldn't be taken out of them either. You are ripping off your sellers by including these in your final value fees. Isn't 12.55% enough of the sold item??
01-03-2022 09:59 AM
Many, many existing threads on this topic, and your question is answered multiple times in most of them.
01-03-2022 10:04 AM
Why is my final value fees include shipping and sales tax?
Because that is how eBay chose to calculate the fee.
If you go back over a decade, you'll find that eBay originally extended fees to shipping for two reasons - (a) to take away the financial penalty for free shipping, and (b) to combat sellers who avoided fees by selling $50 items as $1 item price with $49 shipping.
01-03-2022 10:04 AM - edited 01-03-2022 10:08 AM
As with most funds processors a fee is charged on the entire amount being processed.
eBay is a "for profit" corporation. They will get the profit in any legal manner of their choosing.
As sellers we have to either choose to accept that, of move on to some other spot to sell.
01-03-2022 10:06 AM
IF the two amounts you have accused e-Bay of "ripping sellers off" were not clearly indicated, I would absolutely agree with you. As they are, or should be, known by any seller, they are not "rip offs." I do, however, wish they did not exist, but I am also aware of why those sums are charged.
01-03-2022 10:11 AM
@wvtooregon1960 wrote:Isn't 12.55% enough of the sold item??
If it makes you feel better, the fee's are still 12.55%
01-03-2022 10:43 AM
Not always.
I pay 14.55% for my book sales.
And sneakerheads are screaming like little boys that their FVF is being raised from 0% to 8%.
https://www.ebay.com/help/selling/fees-credits-invoices/store-selling-fees?id=4809
01-03-2022 11:31 AM
@wvtooregon1960 wrote:
Why is my final value fees include shipping and sales tax??? Sales tax is paid by the buyer and should not be included in the final purchase price. S&H should be handled separately and fees shouldn't be taken out of them either. You are ripping off your sellers by including these in your final value fees. Isn't 12.55% enough of the sold item??
I would most definitely send ebay a strongly worded written letter discussing this.
Mike
Firesteel Surplus
01-03-2022 11:40 AM
@wvtooregon1960 wrote:
Why is my final value fees include shipping and sales tax??? Sales tax is paid by the buyer and should not be included in the final purchase price. S&H should be handled separately and fees shouldn't be taken out of them either. You are ripping off your sellers by including these in your final value fees. Isn't 12.55% enough of the sold item??
You just noticed that you've been paying FVF on shipping for 11 years? You should be concerned about what else you may have missed.
01-03-2022 04:52 PM
Write your congressperson about this.
01-03-2022 05:02 PM
You just noticed that you've been paying FVF on shipping for 11 years? You should be concerned about what else you may have missed.
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Yup, like possibly requesting a feedback revision.
01-03-2022 05:09 PM - edited 01-03-2022 05:10 PM
@buyselljack2016 wrote:You just noticed that you've been paying FVF on shipping for 11 years? You should be concerned about what else you may have missed.
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Yup, like possibly requesting a feedback revision.
Another A++ piece of advice! 😉
01-04-2022 10:43 AM
I've sold a few small items on ebay for the first time this year... just sold an item for $580.... didn't realize how high the fees were... im walking away with a little under $480.
01-04-2022 10:43 AM
@robjac94832 wrote:I've sold a few small items on ebay for the first time this year... just sold an item for $580.... didn't realize how high the fees were... im walking away with a little under $480.
Forgot to add... im done with ebay
01-04-2022 11:12 AM - edited 01-04-2022 11:14 AM
Why is it the way it is? Because it is, per the user agreement, as described in Help, etc., etc. It was the same deal with PayPal prior to Managed Payments. There has been a rash of threads on this topic recently. Maybe with the new 1099-K threshold people are actually examining expenses in detail to see what can be deducted.
Be advised that according to Help the 1099-K gross sales DOES NOT include sales tax that is collected and remitted by eBay. Be sure not to double-deduct it.
"Write your congressperson about this."
There's no law that can dictate how eBay calculates fees. They state it, you agree to it. If they did not charge a fee against sales tax (around 1% if gross sale price on average) then the final value would be bumped around 1%. They have profit targets. Pick one of the many, many 1099-K threads (again) to recommend contacting (again) your Congressman about a piece of passed legislation, though that cow has left the barn with the door slammed shut.