Updates to the payment model
We just updated ScriptFodder, there are some changes both buyers and sellers should be made aware of which will be gone over in this post.
Changes to the payment model
As discussed in our previous announcement. We've changed the way our payment model system works, for buyers we now charge VAT if applicable and for sellers developer subscriptions have been replaced by a single commission fee.
Buyers & VAT
Starting from now, if you are buying a script and live in an EU country where VAT is applicable, you will have to pay VAT (value-added tax) on top of item listing fees. The current VAT rates for your country can be found here.
Sellers & VAT
In order to allow our sellers to continue selling to customers legally in the EU, ScriptFodder will now collect VAT from their buyers on their behalf and remit it to the buyer's local authority for the seller. We do this as described here.
Why is VAT charged on my items when I'm based outside of the EU?
VAT on digital items is charged based on the buyer’s location, not where the seller is. If you sell an item to a buyer in the EU, they will be charged VAT on top of their order. It is something the buyer pays; not the seller.
Am I required to be VAT registered?
Nope, all VAT is remitted to the relative tax authorites on items by us, sellers do not have to do anything in addition for this change to take effect.
Sellers, developer subscriptions and the commission fee
As previously discussed in the other announcement, we are removing developer subscriptions completely, this will remove any barrier of entry for content creators wanting to begin selling on the marketplace (other then having their content approved by our curators). The developer subscription will be replaced by a single commission fee starting at 10%, sellers with higher volumes of sales will get reduced rates.
What if I have an existing developer subscription?
Don't worry, you'll get your moneys worth: until your developer subscription expires your commission fee will be set to 0% - you won't pay any extra fees to us on your items sold.
Other features in the update
Because of the changes to the payment model, it has made it a lot easier to introduce certain new features such as coupons and split payments which are both now avaliable on all scripts:
Upcoming Changes
We have a lot of features planned for the future, changes coming in August include:
- Wishlist - a much requested feature, a place to bookmark scripts that appeal to you and to get notified when they're on sale.
- Forum changes - the forums are quite minimal right now, many fixes and features are planned to make them easier and better to use.
- A proper markdown editor and many bug fixes to formatting issues and new codes to make formatting easier than before.
Many other bigger changes are planned and are in active development too such as a much needed theme upgrade for the website and a dashboard revamp. If you have any other suggestions there is a megathread in the general discussion area of the forums.
If you find any bugs in this update please post them on the issue tracker. Please try to be as descriptive as possible.
Hello, i have found a bug... 