jdungeonmaster
patreon
Little heads-up on Patreon's upcoming sales tax changes!
🕑 Added 2020-05-29 07:44:57 +0000 UTCHello there!
There has been some changes in multiple countries and US states regarding sales tax and Patreon will be required to start charging sales tax on some pleges starting 1. Juli.
Not everyone will be affected by this, it depends on your location and what is considered taxable there. Europeans that already pay VAT should see no changes for them. If you are affected by the changes the % depend on your local laws. Patreon estimates that less than half of all patrons will be charged sales tax and that for those that are the amount will range from 4-11%.
You can check if your country collects sales tax here: https://support.patreon.com/hc/en-us/articles/360043055071-New-Sales-Tax-Requirements-on-Patreon
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've already adjusted the benefits and how they contribute to the final pledge to ensure I'm able to save you as much money as possible. If there are ways for me to further decrease the sales tax for you I will adjust accordingly and as fast as possible. I'm in contact with other creators about how to handle this the best way possible and I'm confident that our combined experience will result in the most beneficial way.
If you are affected by these changes patreon will contact you via email about this soon, too. I just wanted to take the chance and inform you myself before they go into effect on July 1st..
If you have questions patreon but together all of the information here. If you still have questions, the best place to get an answer is from Patreon’s customer support team, here.
Thank you very much for your continued support and I hope this doesn't impact you to much!
Julian
