blackmagiccraft
patreon
Attn: EU suporters
🕑 Added 2018-09-25 16:51:49 +0000 UTC Hey guys,I just received the following message from Patreon regarding VAT. I will copy what they have sent me below. You are likely to also receive a message from Patreon about this.
I just want you to know that myself (and other creators) have no control over how Patreon collects taxes, or how your country of residence enforces that collection. I'm hoping this does not cause any inconvenience, confusion, and that the extra tax is not too much of a burden. If it was up to me I would happily have the taxes removed from my portion, but again I have no control over this.
Message from Patreon:
"Dear creators,
As part of our ongoing commitment to helping you run your membership business, we collect and remit legally required VAT(Value-Added Tax) on your behalf from patrons located in the European Union (EU). We are making upgrades to confirm the country of residence patrons are located in to ensure that we are calculating taxes correctly.
As you have patrons in the EU, we wanted to let you know that as we confirm patron locations, some may see a change in the VAT added to their pledges starting October 1st. We will email those patrons in advance of any changes to let them know the correct total amount of VAT that will be applied to their pledge moving forward.
What is VAT?
VAT is a tax assessed on all goods and services that are bought and sold for use or consumption in the European Union. Patreon is required by the EU to collect this tax on any pledges from patrons in the EU and pay it on behalf of creators.
If any of your patrons have questions about VAT, you can refer them to this article in our Help Center. Let us know if you have any questions by submitting them here.
Thanks for your time,
The Patreon Team"
Comments
As another EU supporter, VAT is part of life, so no big deal on my end.
I’ve come and gone a few times but highly support your work Jeremy. It’s been awesome watching your channel grow into what it has. It’s like being part of a really cool crafting family.
