iahfy
patreon
An Update on Sales Tax
🕑 Added 2020-05-12 20:01:59 +0000 UTCHey guys, I just wanted to give you all an update on some changes that patreon is going to be rolling out soon and may affect some of your pledges. Due to the new policy of Patreon, mandated to them by US lawmakers, Patreon will be required to start charging sales tax on some pledges starting July 1st.
Not all patrons will be charged sales tax. It will depend on where you live and what is considered taxable. For example, sales tax rates in the US range from 4% to 11%, so on a $5 pledge, that would be between 20 and 55 cents. Not every pledge is taxable, not all benefits are taxable in every location, and sometimes only a fraction of a pledge will be taxable.
To read up more about this and to see if it affects you, please check this link here. It should give you all the info on what's gonna go down. If you have more questions, I'd try to contact their customer support team here.
If in the end I decide to make any changes to the tiers or benefits, I will make a new post about said changes!
Thank you guys for reading this, and of course thank you for your support ♡
Comments
Stef
I figured they’d be adding the GST for aussies. I can handle 10%, easy done
Kaiyeti
Thank you for the heads up my goddess queen of awesomeness friend.*yetihug* Hope patreon doesn't screw everyone too badly.
Gilver
Thanks iAHFY, I know a few people who might need this info
Stellar Simp
Thanks for keeping us updated! 👍
Flono
Thanks for the update iahfy. I appreciate the information. My best to you and yours as always.
