Andy Latex
patreon
Possible sales tax
🕑 Added 2020-05-28 18:44:18 +0000 UTCHi everyone,
Sorry hoping this would be more of a fun post. However I wanted to give you an update on some changes 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.
I have had a good look and adjusted a few things and it hopefully general donations and support such as that you kindly give to me, might not be subject to this tax.
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.
It seems there are some things I might be able to do to help with some pledges and will look into those for you.
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 got it from me first and 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 https://support.patreon.com/hc/en-us/articles/360043055071 .
If you still have questions, the best place to get an answer is from Patreon’s customer support team, here. https://support.patreon.com/hc/en-us/requests/new?ticket_form_id=70716
I am really sorry for all this, but it is out of my hands and as they say, most of you will not even be required to pay this tax and if I may say, I hope no one has to either, because you are generous enough to intend you pledges to me and not towards national taxes . I will also have to pay tax on your generosity at my end too, but that is a price I am happy to pay.
You have my deepest thanks for your support, you have totally saved me over this reduced wage lock in period. I owe you so much and hope to treat you all to some special things in the future.
My very biggest hugs
XXX
Andy
Comments
Andy Latex
That you so much werner, that is very sweet of you. xx
Werner Bartels
Don't worry about those taxes. Keep up your wonderful work! Love it!
Andy Latex
That is very generous and kind of you Clive. Many thanks xx
Clive
Your our art brings joy and happiness, which far outweighs any annoying taxes. keep up the good work Andy. :-) :-) :-)
