There was a flaw in my previous article: I actually understated exactly how much of a cut selling through a third party would take. You see, many of these third parties are US-based, and unless you hold a US tax number, they automatically pay 30% of your earnings to the IRS. So my table from the last page should have… (more…)
Tag Archives: EUVAT
EUVAT and why releases are delayed
I have three books ready to come out. I can’t currently release them because of the recent actions of our government, specifically the mess that is called EUVAT – a new set of tax laws created in 2015 with little notification that are hammering small businesses and sole traders. If you’re not familiar with these, for many the VAT system… (more…)
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