How is the Ebay regulatory operating fee calculated?

For example, an item which I sold on ebay for £17.99, had a regulatory operating fee of £0.07. Can anyone show me by calculation how ebay arrived at this value?

mysterious_cities_of_mold

119 View listings

Posted 1 month ago · Edited 1 month ago·Last reply 1 month ago

1 comment

jonatjonatjonat

·1 month ago

Private SellerView listings

This fee is calculated as a fixed percentage rate (0.35%) of the total amount of the sale (which includes the item price, postage, taxes and any other applicable fees), and is subject to Value Added Tax (VAT), where applicable.