Asmr_Kiara
patreon
Welp, There Is Some Sales Tax Coming On Patreon
🕑 Added 2020-05-26 16:17:03 +0000 UTCHello my Amazing people
I feel the need to give you an update since there are some new changes here on Patreon that 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. From what I see the first 3 tiers on my Patreon will not be affected, since it is audios that will be available on Youtube too..
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.
As much as I wish that this isn't going into affect there is really nothing I can do to stop it, but I will still do my best to make great content for you all
Thank you so much for all of your support that you give me, it really means a lot <3
I appreciate all the love and support that you all have given me, and if this breaks your bank I get it.. These are weird times, and it is affecting all of us. Hope you are all staying safe and take care of yourself, you matter!!
Much Love
Kiara
