Selling on eBay? You may be forced to declare this extra income
Selling unused items on eBay is a useful way to earn a little extra pocket money. But if you’re using the online auction site to run a business and claiming benefits from Centrelink, you may be forced to declare this extra income.
The Department of Human Services is conducting a pilot project to identify those on welfare who may be trading as a business on eBay and not declaring the income. eBay has been forced to reveal the identities of about 15,000 people who have sold $20,000 worth of goods in one year.
Those who are selling possessions or using eBay as a genuine hobby will not be targeted.
While those who operate within legal guidelines should not be concerned, there is the issue of the Government accessing personal information and using this to data-match.
Read more at SkyNews.com.au
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