This is my latest postcard sale to a German buyer. My own comments are in brackets.
What your buyer paid
Item subtotal
£4.00 (the postcard sold for £4.00)
Postage
£7.90 (for some illogical reason, the German buyer wanted the item tracked)
VAT*
£2.26 (obviously a percentage of £11.90)
Order total**
£14.16
What you earned (!!!!)
Order total
£14.16 (So I "earned" all of this money - sounds good, but wait ! )
eBay collected from buyer
VAT
-£2.26 (Oh ! there are deductions to be made )
Selling costs
Transaction fees
-£2.45 ( based on the £14.16 of course )
Ad fee general
-£1.52 ( based on the £14.16 of course )
Order earnings
£7.93 ( So I earned this, not bad at all. But wait, what about the £7.90 postage I paid at the Post Office ?) So I made £0.03 on the deal. Well no. I forgot about the £0.12 paid for the hard backed envelope, so I actually lost £0.09 on the £14.16 deal )