Taxes on Patreon

Hi everyone,

Starting today, Patreon is required to collect taxes on some pledges. You should receive an email directly from them with more details but I just wanted to give you a heads up. I've also copied some useful info they sent out to creators at the end of this post if you're interested in specifics.

I want to make sure that you're not getting charged more than you should be. So in order to ensure that taxes are only being collected on necessary benefits, I've gone through every tier and adjusted things on the backend to make sure things are appropriately categorized.

Thanks as always for your support! I'll see you on stream later today and I'll have a new song for you to download later this week!

- Andrew

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INFO DIRECTLY FROM PATREON:

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 as we move into July 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.