ScriptFodder Sellers and VAT
Just want to thank Matt and Marcuz for their hard work. They've come up with some great ways to keep the developers and customers happy while operating under all the laws that exist for marketplaces like ours.
While this change may take some getting used to it is required regardless, and both Matt and Marcuz have managed to create a way that is the best possible option IMO.
Where digital services are supplied on a business to consumer basis, the supplier is responsible for accounting for VAT on the supply: *)to the tax authority *) at the VAT rate applicable ... in the consumer鈥檚 EU member state.
Already asked on FP, but here's it again.
Now, as a Hungarian registered company, I am in a special taxing method, called "Micro-companies' itemized tax", (aka. KATA), where I am not suitable for tax refunds, but I do not have to pay VAT either. EU law change says I am responsible to handle this towards my own government, so technically, I have to mark my sales as a company even without VAT included but I need to supply a specific text on the bill saying it does not contain any VAT.
** How'll that work for me then?**
ByHaruat 19th of July 2016 18:51:20
Already asked on FP, but here's it again.Now, as a Hungarian registered company, I am in a special taxing method, called "Micro-companies' itemized tax", (aka. KATA), where I am not suitable for tax refunds, but I do not have to pay VAT either. EU law change says I am responsible to handle this towards my own government, so technically, I have to mark my sales as a company even without VAT included but I need to supply a specific text on the bill saying it does not contain any VAT.**How'll that work for me then?**Source
You're not the one paying VAT, your customers should be if they are from countries where they must.
and a new feature you guys have been yelling about: https://marcuz.eu/files/Uxny.png
nvm, I'll post it later lol
Oh great, so now I will have to pay even more with money that is actually only half of incomes I made because of gov. Yay, great. Thnx
// I <3 Poland - Mexico of Europe
Oh wait it will get implemented in 2 weeks? Sorry everyone, I need to make a buying spree.
nobody minds if you make a buying spree before VAT is introduced, it makes sense.
what is vat
Edited and german Persons? We have on Germany 19%
It's what grease goes into.
Aka a grease VAT.
Mm, McDonalds.
So you will pay 1.19 * Cost of the script.
A tax that all buyers will pay. If in Germany, your tax is set on 19%, buyers will pay the price of the addon plus 19% of the price for the tax (VAT). If monthly developer subscription will be deleted, this is just very good for sellers :-D.
EDIT : Very good, eh.... That depens. If a seller sells his script 100 times in a month, Scriptfodder will takes, for example, 1 dollar per purchase so Scriptfodder will have 100 dollars per month? So, sellers are fucked, no?
By脨莫脗脽目脴$at 20th of July 2016 21:19:22
A tax that all buyers will pay. If in Germany, your tax is set on 19%, buyers will pay the price of the addon plus 19% of the price for the tax (VAT).If monthly developer subscription will be deleted, this is just very good for sellers :-D.EDIT : Very good, eh.... That depens. If a seller sells his script 100 times in a month, Scriptfodder will takes, for example, 1 dollar per purchase so Scriptfodder will have 100 dollars per month? So, sellers are fucked, no?
5-10%, not 1$ per transaction
Sellers will lose precisely 5 to 10% based on how many sales they make.
By脨莫脗脽目脴$at 20th of July 2016 21:27:36
So they will take the money until we have the normal amount of money needed for the developer subscription month, so around $15?
Read my post - you'll always be charged these flat percentages, if you are a new developer this will be very good for you as at first you'll be paying 1-2$ a month.
@Edit - even if so, 19$ (minus paypal fees etc.) goes to you.
ByNethat 20th of July 2016 21:28:27
Read my post - you'll always be charged these flat percentages, if you are a new developer this will be very good for you as at first you'll be paying 1-2$ a month.
Oh ok, thanks mate! I hope real big developers will have benefits too and more developers will try to come without saying "this is too expansive" :-D