Wolfblade
patreon
Heads up!
🕑 Added 2020-05-24 08:30:34 +0000 UTCPatreon is supposed to email everyone, but just in case anybody misses it; there's some changes to sales tax stuff coming up. Here's their sample message they gave all of us to give to you guys.
Hi everyone,
I wanted to give you an update on some changes that we’ll be seeing which 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.
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.
Thank you for all of your support.
So, once they give us the tools to micromanage this stuff from our end, I'll make sure to whatever extent I'm allowed, to see to it that my end is structured as best it can to avoid you guys getting taxed for anything that isn't required to be. Hopefully this doesn't end up making too much of a difference for you guys, but I know some of you support a LOT of us, and spread across all your pledges to different creators, it may add up. Just be ready for it, and adjust as you need to.
Comments
John D Tribble
Good looking out man!
