Taxes
🕑 Added 2020-05-20 22:19:21 +0000 UTCStarting July 1, Patreon will begin charging sales tax (or VAT) on pledges from patrons in certain countries/states. This is a legal obligation due to recent changes in various countries' tax laws. They'll be emailing you detailed info soon, but I thought I should at least go over the basics now, just to give you all a heads-up.
According to Patreon, less than half of US patrons will be charged tax. Outside the US, it varies by country. Patreon claims that the impact will be minimal in most cases, and many patrons won't see any change at all.
Now, my first thought was to just include sales tax in the existing tier prices, so I could take the hit instead of my patrons. However, according to Patreon, that's illegal in the US, as all taxes must be a separate fee added on top of the actual price.
Fortunately, Patreon has added some tools for creators to optimize the way our content is taxed, and I'm doing everything I can to minimize the amount of tax you'll have to pay.
That should cover it for now. Look out for an email from Patreon in the coming weeks describing this in greater detail, and as always, thanks so much for your support!
Comments
Allen Lewis
So, not this month.
TsunAmie
Meru (the artist) has been extremely busy lately, so the progress on Meru (the succubus) has been slow. I'll let everybody know when I have more to share regarding her.
Allen Lewis
When is the Succubus going to show up?
SJ
now thats a big sad
TsunAmie
I understand. Thanks for your support this far!
Chow
Hopefully it won't affect to many of your patrons. I'd love to keep supporting you, but I'm not willing to pay 25% just to be able to donate.
TsunAmie
Oof. Sorry friend.
Chow
No idea. I cancelled all my memberships. I pay enough taxes as it is.
Nörther
Mine is 24% but what else should I use?
Chow
Well, guess it's time to stop using Patreon then. The VAT rate is 25% where I live.
NOX90
thank you for being clear and honest 👍