Taxes
Added 2020-05-20 22:19:21 +0000 UTCStarting July 1, Patreon will begin charging sales tax (or VAT) on pledges from patrons in certain countries/states. This is a legal obligation due to recent changes in various countries' tax laws. They'll be emailing you detailed info soon, but I thought I should at least go over the basics now, just to give you all a heads-up.
According to Patreon, less than half of US patrons will be charged tax. Outside the US, it varies by country. Patreon claims that the impact will be minimal in most cases, and many patrons won't see any change at all.
Now, my first thought was to just include sales tax in the existing tier prices, so I could take the hit instead of my patrons. However, according to Patreon, that's illegal in the US, as all taxes must be a separate fee added on top of the actual price.
Fortunately, Patreon has added some tools for creators to optimize the way our content is taxed, and I'm doing everything I can to minimize the amount of tax you'll have to pay.
That should cover it for now. Look out for an email from Patreon in the coming weeks describing this in greater detail, and as always, thanks so much for your support!
Comments
So, not this month.
Allen Lewis
2020-06-02 20:37:04 +0000 UTCMeru (the artist) has been extremely busy lately, so the progress on Meru (the succubus) has been slow. I'll let everybody know when I have more to share regarding her.
TsunAmie
2020-06-02 19:03:47 +0000 UTCWhen is the Succubus going to show up?
Allen Lewis
2020-06-01 21:35:06 +0000 UTCnow thats a big sad
SJ
2020-05-26 15:25:58 +0000 UTCI understand. Thanks for your support this far!
TsunAmie
2020-05-22 18:30:27 +0000 UTCHopefully it won't affect to many of your patrons. I'd love to keep supporting you, but I'm not willing to pay 25% just to be able to donate.
Chow
2020-05-22 11:29:51 +0000 UTCOof. Sorry friend.
TsunAmie
2020-05-21 22:51:27 +0000 UTCNo idea. I cancelled all my memberships. I pay enough taxes as it is.
Chow
2020-05-21 22:37:47 +0000 UTCMine is 24% but what else should I use?
NΓΆrther
2020-05-21 21:03:07 +0000 UTCWell, guess it's time to stop using Patreon then. The VAT rate is 25% where I live.
Chow
2020-05-21 10:42:35 +0000 UTCthank you for being clear and honest π
NOX90
2020-05-20 22:23:48 +0000 UTC
