| Discussion Forum: Thread 335977 |
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| | | Author: | heavensquare_fu  | | Posted: | Mar 5, 2023 03:45 | | Subject: | why the money my paypal received is less? | | Viewed: | 173 times | | Topic: | Selling | |
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| why the money my paypal receive is less than the total amount of the order?
if the money is charged by BRICKLINK, why they send me the invoice every month
to charge again?
i check my paypal account this price differences is call the Partner fee that
means it is paid by bricklink to PayPal, but why should i pay it?
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| | | | | Author: | BricksShop | | Posted: | Mar 5, 2023 03:51 | | Subject: | Re: why the money my paypal received is less? | | Viewed: | 72 times | | Topic: | Selling | |
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| In Selling, heavensquare_fu writes:
| | why the money my paypal receive is less than the total amount of the order?
if the money is charged by BRICKLINK, why they send me the invoice every month
to charge again?
i check my paypal account this price differences is call the Partner fee that
means it is paid by bricklink to PayPal, but why should i pay it?
|
Hello,
I think the "Partner Fee" you can see as a deduction to the paypal payment
is the international VAT which has to be paid from the buyer. This VAT is directly
charged by Bricklink and is not additionally added to your monthly fee. On the
monthly fee you see only the regular Bricklink commission fee.
Regards,
Oliver.
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| | | | | | | Author: | SylvainLS | | Posted: | Mar 5, 2023 05:23 | | Subject: | Re: why the money my paypal received is less? | | Viewed: | 100 times | | Topic: | Selling | |
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| In Selling, BricksShop writes:
| | In Selling, heavensquare_fu writes:
| | why the money my paypal receive is less than the total amount of the order?
if the money is charged by BRICKLINK, why they send me the invoice every month
to charge again?
i check my paypal account this price differences is call the Partner fee that
means it is paid by bricklink to PayPal, but why should i pay it?
|
Hello,
I think the "Partner Fee" you can see as a deduction to the paypal payment
is the international VAT which has to be paid from the buyer. This VAT is directly
charged by Bricklink and is not additionally added to your monthly fee. On the
monthly fee you see only the regular Bricklink commission fee.
Regards,
Oliver.
|
It’s indeed taxes, but not necessarily VAT: it’s Sales tax in the US.
And it’s not taken on your total, it’s added on the buyer’s side.
Simplified example for a 10% tax:
— the order is €90,
— the shipping is €10,
— so the total is €100 for the seller,
— the buyer pays (90+10)×1.1 = €110,
— the seller receives €100,
— the “partner fee” is €10.
So the seller wants €100 and gets €100, but the buyer pays €110 and that’s what
shows on the PayPal transaction.
More, what’s confusing is that the tax is called ‘tax’ in the “plus” part of
the PayPal transaction and “partner fee” in the “minus” side.
And where it’s a bit more complicated than this simple example is that PayPal
takes their fee on €110, not €100, so the seller gets €100 minus the PayPal fee
calculated on €110 instead of €100 minus the PayPal fee calculated on €100.
But that’s just a few cents less.
As for the taxes, they are only collected in these situtions:
— Sales tax: most US buyers, when they buy from any seller for any amount,
— UK import VAT: UK buyers, when they buy from non-UK sellers for less than £135,
— EU import VAT: EU buyers, when they buy from non-EU sellers for less than €150.
(UK/EU VAT are directly paid by the buyer for other amounts. Domestically (intra-UK
/ intra-EU), it’s handled by the sellers when necessary.)
More info here:
US: https://www.bricklink.com/help.asp?helpID=2467
UK: https://www.bricklink.com/help.asp?helpID=2514
https://www.bricklink.com/help.asp?helpID=2511
EU: https://www.bricklink.com/help.asp?helpID=2517
https://www.bricklink.com/help.asp?helpID=2518
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| | | | | | | | | Author: | WILYKAT | | Posted: | Mar 5, 2023 13:09 | | Subject: | Re: why the money my paypal received is less? | | Viewed: | 58 times | | Topic: | Selling | |
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| In Selling, SylvainLS writes:
| | In Selling, BricksShop writes:
| | In Selling, heavensquare_fu writes:
| | why the money my paypal receive is less than the total amount of the order?
if the money is charged by BRICKLINK, why they send me the invoice every month
to charge again?
i check my paypal account this price differences is call the Partner fee that
means it is paid by bricklink to PayPal, but why should i pay it?
|
Hello,
I think the "Partner Fee" you can see as a deduction to the paypal payment
is the international VAT which has to be paid from the buyer. This VAT is directly
charged by Bricklink and is not additionally added to your monthly fee. On the
monthly fee you see only the regular Bricklink commission fee.
Regards,
Oliver.
|
It’s indeed taxes, but not necessarily VAT: it’s Sales tax in the US.
And it’s not taken on your total, it’s added on the buyer’s side.
Simplified example for a 10% tax:
— the order is €90,
— the shipping is €10,
— so the total is €100 for the seller,
— the buyer pays (90+10)×1.1 = €110,
— the seller receives €100,
— the “partner fee” is €10.
So the seller wants €100 and gets €100, but the buyer pays €110 and that’s what
shows on the PayPal transaction.
More, what’s confusing is that the tax is called ‘tax’ in the “plus” part of
the PayPal transaction and “partner fee” in the “minus” side.
And where it’s a bit more complicated than this simple example is that PayPal
takes their fee on €110, not €100, so the seller gets €100 minus the PayPal fee
calculated on €110 instead of €100 minus the PayPal fee calculated on €100.
But that’s just a few cents less.
As for the taxes, they are only collected in these situtions:
— Sales tax: most US buyers, when they buy from any seller for any amount,
— UK import VAT: UK buyers, when they buy from non-UK sellers for less than £135,
— EU import VAT: EU buyers, when they buy from non-EU sellers for less than €150.
(UK/EU VAT are directly paid by the buyer for other amounts. Domestically (intra-UK
/ intra-EU), it’s handled by the sellers when necessary.)
More info here:
US: https://www.bricklink.com/help.asp?helpID=2467
UK: https://www.bricklink.com/help.asp?helpID=2514
https://www.bricklink.com/help.asp?helpID=2511
EU: https://www.bricklink.com/help.asp?helpID=2517
https://www.bricklink.com/help.asp?helpID=2518
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There's also Paypal fee. It's a percentage plus change. Using the above
$100 example, the fee would be a bit over $3 so OP would be getting $97 in the
end
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| | | | | | | | | Author: | heavensquare_fu | | Posted: | Mar 6, 2023 05:26 | | Subject: | (Cancelled) | | Viewed: | 36 times | | Topic: | Selling | |
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| | (Cancelled) |
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| | | | | | | | | | | Author: | Remko100 | | Posted: | Mar 6, 2023 05:39 | | Subject: | Re: why the money my paypal received is less? | | Viewed: | 37 times | | Topic: | Selling | |
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no,please see the attachment~
i I expect to receive 415USD BUT there is ONLY 395USD in my paypal
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The PayPal overview shows the amount with the PayPal-cost already deducted. If
you would click on the transaction for details, you may have recieved the complete
amount? PayPal charges different costs for transactions between different countries.
You are about 5% short, that could well be in PayPals range of costs.
Remko
Its a Bricky World
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| | | | | | | | | | | Author: | SylvainLS | | Posted: | Mar 6, 2023 05:40 | | Subject: | Re: why the money my paypal received is less? | | Viewed: | 48 times | | Topic: | Selling | |
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| (I had to cancell your message because of the pictures: please no personal information
on the forum.)
In Selling, heavensquare_fu writes:
| | […]
no,please see the attachment~
i I expect to receive 415USD BUT there is ONLY 395USD in my paypal
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Yes. You talked about the “partner fee” and we explained it. BrickLink is not
taking anything more.
Look at the transaction details on PayPal and you’ll see where the $20 went.
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| | | | | | | Author: | heavensquare_fu | | Posted: | Mar 6, 2023 05:27 | | Subject: | Re: why the money my paypal received is less? | | Viewed: | 44 times | | Topic: | Selling | |
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| In Selling, BricksShop writes:
| | In Selling, heavensquare_fu writes:
| | why the money my paypal receive is less than the total amount of the order?
if the money is charged by BRICKLINK, why they send me the invoice every month
to charge again?
i check my paypal account this price differences is call the Partner fee that
means it is paid by bricklink to PayPal, but why should i pay it?
|
Hello,
I think the "Partner Fee" you can see as a deduction to the paypal payment
is the international VAT which has to be paid from the buyer. This VAT is directly
charged by Bricklink and is not additionally added to your monthly fee. On the
monthly fee you see only the regular Bricklink commission fee.
Regards,
Oliver
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no,please see my reply with attachment
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China, Shanghai
Germany, Baden-Württemberg
France, Nouvelle-Aquitaine
USA, Michigan
Netherlands, Gelderland