What is "marketplace seller-of-record" and how does GST work?

Being the marketplace seller-of-record simply means Rewarding Resources takes responsibility for GST on every sale. We collect the 10% GST, remit it to the ATO, and issue the tax invoice to the buyer - on the seller's behalf. You don't have to do any of it yourself.

What this means if you're a buyer

The price you see already includes 10% GST - there's nothing added at checkout. Every purchase comes with a proper GST tax invoice, issued by Rewarding Resources, which you can use for school reimbursement or your own records. You'll find it next to the order in your library.

What this means if you're a seller

You do not need to be GST-registered to sell. Because we're the seller-of-record, the GST obligation sits with us, not with you. Listing prices include GST: on an $11 sale we hold $1 of GST for the ATO, your ex-GST sale value is $10, and your 80% payout is calculated on that $10 (so $8 to you, $2 to us). GST never comes out of your share.

If you have an ABN

Having an ABN is optional. It doesn't change what you're paid - the Stripe transfer to your bank account is the same whether you have an ABN or not. If you supply one, it appears on your seller profile and on the supporting documents we generate for you (annual statement, commission-fee records).

If you're GST-registered

Most teacher-sellers aren't GST-registered, and you don't need to be. But if you are - because the platform fee you pay us is a business-to-business supply - the 20% commission you pay is GST-inclusive. On an $11 sale we charge you $2 commission, of which $0.18 is GST. You can claim that $0.18 back as an input tax credit on your next BAS. Your Stripe payout still lands as $8; the $0.18 is recovered through your BAS rather than through our payout.

For the underlying sale, you don't pay GST again at BAS time - it's already been handled by us as the EDP (electronic distribution platform) seller-of-record. Your accountant will treat your portion as a supply made through an EDP, which sits outside your own GST obligations.

What happens with refunds

When a refund is approved, the original tax invoice is replaced with a credit note, and the GST is adjusted accordingly. You don't need to do anything - it's handled as part of the refund.

This is general information about how the platform handles GST, not tax advice. For your own circumstances, speak to your accountant.