thereclusivecartographer
patreon
An update on sales tax
🕑 Added 2020-05-31 09:08:38 +0000 UTCHi all!
Not quite the sort of post you are used to, 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, I have been informed that 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 am currently working with Patreon to optimise my page to ensure that you will be paying as little Sales Tax as possible.
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.
Many countries, such as those in the EU, already require sales tax to be added so Patrons from those countries wont see any change.
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.
I really appriciate you guys continued support, I'm really proud of what we are built here and look forward to continuing to make better and better content for you :)
Cheers
George
