Sales tax update
Added 2020-06-30 13:46:29 +0000 UTCHey friends, just taking a quick break from the studio as I've had some information from Patreon I need to pass on! It is about some changes which may affect some of your subscription amounts. Just so you know, I'm working with management to try and make sure I save you as much money as possible on sales tax, it's not my area however so I'll keep you updated when I know more! Much love, J x x
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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.
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.
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.
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.
Comments
What are all your favorite tracks? Mine keep changing. Love the album. Current fav now away with the fairies for all the wrong reasons. I get some super weird nights. Think my brain gets bored easily :D
Simon
2020-07-03 16:07:13 +0000 UTCInformative!
Chi Lap Hon
2020-07-02 12:59:02 +0000 UTCI charged a whole 10 cents sales tax, but it was on your only and not any others.
Chris Siford
2020-07-02 02:52:25 +0000 UTCKudos. Picking favs is tough :) I love lots of them but think I've hit replay on Honest Men the most. Its an awesome sound. Wish they would use it in a 007 film. Really hits you deep too.
Simon
2020-07-01 22:27:14 +0000 UTCThanks for the heads up :) For those wondering though, it shows in the manage memberships section up right. Mine looks to add around 20%. Wouldn't consider stopping or reducing it though. It's an opportunity to put little money towards something you believe in ;)
Simon
2020-07-01 17:28:02 +0000 UTCCharged no sales tax
Paul Poling
2020-07-01 13:54:21 +0000 UTCI'm in Taxachusetts USA, so nothing new here. Just wait until they send you an income tax bill for the money you make here, that's when it gets fun.
Mark Doherty
2020-07-01 13:30:38 +0000 UTCC'est la vie. I'm not going to let that bother me.
Jack Wheeler
2020-07-01 12:56:22 +0000 UTCAs long as you get the full amount pledged, the sales tax being an additional cost for the pledger to pay?
Chris Cotton
2020-07-01 05:59:49 +0000 UTCI suppose the world has to pay for this pandemic somehow!
Pete Childs
2020-06-30 19:12:27 +0000 UTCI live in the US. Doesn't matter to me. My pledge stays the same. I love supporting a great artist. Also I love the new cd. Been playing non stop in my truck for two weeks now. I love "better now" and "so cold"...I love the whole album but thats my top two on the cd. I will sometimes listen to better now multiple times in a row before I restart the album. Great work Janet, glad I could help.
Robert K Williams
2020-06-30 18:56:53 +0000 UTC
