eBay Fee Increase

[rngrdanny22]

Originally Posted by KevinC

What was the sales tax rate, was it applied to the shipping cost as well?

I believe the tax for this state is 8%.

I don't think they taxed the shipping portion.

Here's my calculations:

6.99 +1.00 = 7.99 * 0.08 = 0.64

They actually only paid 0.56, which would be:

6.99 * 0.08 = 0.56

[SupermanBrandon]

BO Accountants are out in full force today.
Yesterday we had the BO Lawyers getting work done.
Tomorrow should be the BO Politicians day.

[NeedChapmans]

Originally Posted by kykid4uk

This thread sums up everything that is wrong about education.

FIFY.

[PDCCollectibles]

Originally Posted by rngrdanny22

Absolutely.

It's also important to note that the final value fees are less than 12.35% if you have a store subscription (basic or higher). These come in at 11.5%.

Then, if you're a "Top Rated" seller, you get the 1 PPT (10%) reduction.

Exactly....

[KevinC]

Originally Posted by rngrdanny22

ETA: If eBay took their fees from the entire amount this customer paid, the variable eBay fees would have been 1.06 instead of 0.98 -- as in: 8.55 * 0.1235 = 1.06

You didn't calculate your top rated seller discount, should be 11.115% FVF you are paying which is only on the item, not the shipping and tax.

Item at $6.99 * 0.11115 = .78
Shipping $1* 0.1235 = .12
Tax $0.56 * 0.1235 = .07

=.97 cents