The cost of selling on eBay (fees + sales tax): higher than on poshmark ?
I hadn't sold online in a while. I was always under the impression eBay was cheaper than Poshmark for clothing.
I just sold a shirt on eBay for 39$. Turns out eBay took a total of 10,12$ in fees. 8,80$ on the price of the item+shipping+sales taxes + 1,32$ of sales taxes I pay on the 8,80$ ...
I'm in Quebec so sales taxes are right around 15%. So as I'm reading it, I'm paying a bit more than 20% just to eBay on the price of my item, but over 25% if you include the taxes I'm paying for their service fee.
Am I understanding this correctly ? Poshmark has a flat 20%, but I don't remember paying sales taxes on their fees ...