Neverlucky
patreon
A word about taxes
🕑 Added 2020-05-28 19:03:24 +0000 UTCHello everyone,
you`d probably rather hear about the new part and it`s going to be out in a couple of days:)
But for now I have to inform you about something far more boring: Taxes
I`ve been asked by Patreon to inform you first, but you will also receive an official e-mail on June 1. from Patreon.
A quick TLDR(too long; didn`t read) for those of you who are bored already and want a short version:
Coming July you might see a few Cents extra charged in taxes on your pledge. This is tax for your local government, not Patreon fees.
The longer version:
Due to new laws, Patreon is required to collect taxes on some pledges starting July 1.
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.
So if you are in a country who requires taxes you might see a small additional tax on your pledge bill starting from July 1.
As previously stated you will also receive and e-mail on June 1. informing you about this (if you don`t get an e-mail, you probably live in a country where they don`t tax pledges)
And that`s it for now. See you on the 31. when the new part comes out.
Neverlucky
Comments
Sheri Hancroft
im ok with paying the little extra if i have to for great hand crafted content
Sigismund
In my country my taxes go toward paying politicans that argue among themselves and lie to the public. But if mean I still get to support this game I'll gladly pay it.
Mistyspace
Hi. Before anybody start saying how bad or unfair this is just to let you know some of us have been paying this for a few years now already. The only thing I do feel grateful about is at least in my country some of my tax's go to a health service I can access any time (no need for health insurance at all). Take care. Stay safe and be nice to each other.
