11-17-2025 03:12 AM - edited 11-17-2025 03:14 AM
Hi everyone,
I sell my personal things on ebay as a hobbyist. Last week, ebay told me that it had submitted a 2024 digital sales report to CRA because I sold more than $2800 last year. My annual sales summary is shown below.
Total number of transactions = 16
Total transaction amount = $4,072.00 CAD
Total fees = - $592.19 CAD
Gross refunds = $0.00 CAD
Total taxes = - $364.55 CAD
Net adjustments = $0.00 CAD
Consideration = $3,115.26 CAD
Based on the information above, how much tax do I have to pay CRA?
Thank you for your help.
Graduated tax rates.
We only pay 14.5% on the first $57,000 of taxable income.
And remember that eBay tells you your GROSS income.
You have deductions like refunds, insurance, postage, and eBay fees.
@reallynicestamps, those are only the federal rates. Taxtips.ca provides combined federal & provincial marginal tax rates, and updates those as budgets and new tax measures are approved.
BC marginal tax rates for '25 and '26 are available here: https://www.taxtips.ca/taxrates/bc.htm
For 2025 combined federal & BC provincial tax rates for most types of income are:
19.56% for TAXABLE income below $49,279
22.20% on additional taxable income between $49,279 and $57,375
28.20% on additional taxable income between $57,375 and $98,650 ...
...
53.5% on additional taxable income over $259,839
Marginal tax rates for other provinces are also available on that website