Patreon Sales Tax Update + Some other things
Added 2020-06-10 01:21:11 +0000 UTCHi sweet Patrons!
I'm like 2 weeks late with this, but Patreon are being required by law to start adding sales tax to more patron pledges starting on July 1st. Patron sent a sample text that I bacially need to copy-paste it to you, so here we go:
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Hi everyone,
I wanted to give you an update on some changes that we’ll be seeing which may affect some of your pledges. Due to new laws passing in several countries and US states, Patreon will be required to start charging sales tax on some pledges starting July 1st.
Less than half of all patrons will be charged sales tax, and for most, the amount will be very small. For example, sales tax rates in the US range from 4% to 11%, so on a $5 pledge, that would be between 20 cents and 55 cents.
Whether or not you will be charged sales tax depends on your location, and what is considered taxable there. Not every pledge is taxable, not all benefits are taxable in every location, and sometimes only a fraction of a pledge will be taxable. The money that Patreon collects as a result of these laws are paid directly to local governments.
I’m working closely with Patreon to ensure I’m able to save you as much money as possible when it comes to sales tax - which is not something that’s possible with other platforms.
If you’re in a location where sales tax will be required, you should expect to receive an email from Patreon with more information about this very soon, but I wanted to make sure you were aware of these changes way ahead of July 1st when they go into effect.
If you have questions, you should be able to find answers here. If you still have questions, the best place to get an answer is from Patreon’s customer support team, here.
Thank you for all of your support.
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Aside from the copy-paste stuff, I think you might have noticed that the uploads got a bit slow in the last few weeks here.
My reason is mostly connected to my health. I currently try to get back to a better sleep cycle, because I reached the point where I went to sleep at 12 pm and woke up sometime in the night. Getting back to a regular sleep cycle after I did this for more than half a year is a huge toll on me now, it affects my ability to be creative and draw. My art block in April and May mostly connected to this as well, and that is why I try hard to change it to a more viable sleep cycle. I feel I won the first few battles against my own body, so let's hope this will get better soon.
Thank you for your support! I love you all!