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Manda(Newbie)Newbie
29 Apr 2024

Hi

 

We use Stripe for our

online gift vouchers. They are now associated with Now Book it Pty Ltd and this

company is charging a $2.99 application fee via stripe.

 

For example for a $50.00

voucher I receive a payment receipt from them says $52.99

 

Payout to us $48.80

Stripe Processing Fee

$1.20 (inc 11 cents GST)

Now Book It $2.99 which

is charged to the customer when they process their payment $52.99

 

How do I report this 2.99? I used to just report the Stripe fee as commission.

 

Thank you


1,346 views
1 replies
1,346 views
1 replies

Most helpful response

Most helpful reply

AriATO(Community Support)Community Support
3 May 2024

Hi @Manda


If I'm understanding this right your income is the amount you receive $52.99. The fees to Stripe and Now Book would be business expenses you can claim.

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Most helpful reply

AriATO(Community Support)Community Support
3 May 2024

Hi @Manda


If I'm understanding this right your income is the amount you receive $52.99. The fees to Stripe and Now Book would be business expenses you can claim.

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Stripe Payout Fees | ATO Community