XaiJu
kandismon
kandismon

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Please Read - - - New Patreon Sales Tax

Hello my dear gemlins!

I just posted a new episode for $5+ gemlins, please check it out once you've read this post!

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I believe on June 1st some of  you should be receiving an email from Patreon about a new sales tax that they are required by law to charge starting July 1st. (the whole thing is explained here)

The main takeaways from the article are:

One specific example:

One reward I offer that is taxable are the PDF downloads of episodes.

Since in my Morganite ($5) tier the PDF is one of four or five rewards, I can put into my backend settings that only 20% of my content are downloads & taxable, which means that the tax will be applied to 20% of your $5 pledge, which is $1. Depending on your location this $1 is then what the sales tax is applied to, for example in Australia it's 10%. So 10% of $1 would be 10 cents that you're being charged in taxes for that tier.

Those taxes then go directly to the local governments, Patreon takes care of all that.

I hope that makes sense to you @_@)

None of this goes into effect until July 1st!

Until then I will keep reading up on those changes and I will adjust my tiers accordingly, because I want to keep the additional cost for you as low as possible, but of course I also have to be truthful about my rewards.

I'll keep you all updated on this topic as I learn more and decide how to handle the tiers. I don't want to change any of the actual rewards, but maybe structure them a bit differently, I'm really not sure yet.

If you have questions please feel free to ask! I'll do my best to reply and explain.

Thank you for your support!! ✨

Please Read - - - New Patreon Sales Tax

Comments

Thanks for letting us know πŸ€— I’m just happy to show my support and appreciation

Thank for the info, I’ve heard about this but it won’t change my pledges. I’m willing to pay a little more in taxes.

Katelynn Back


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