Hacker News new | ask | show | jobs
by sentimentscan 978 days ago
At EU there is a tax issue so you pay money + 23% VAT.

It isn't consider a gift as you a gaining something (access to page) so you need to pay tax on that.

This is one thing that bothers me with patronite and other platforms. I wish I could simply send a gift (without acces to anything) and not to pay another tax on already taxed money.

2 comments

The flipside of that is that Patreon handles the ugly details of making sure the right amount of VAT / sales tax is paid on transactions - and from a creator's point of view this is a big part of their value proposition.

If creators had to administer that stuff on an individual basis they'd have no time left for creating.

VAT rate is EU state based (varies 16-25%), the VAT has to applied to the one's 'donating' the money state of residence, as long as there is more than 10k euro/year revenue.

Many EU states tax tips as well (all the way -> VAT/corporate/income/social tax)