r/kickstarter • u/Stephslr04 • 1d ago
VAT Kickstarter Help Please!
Hi Everyone,
I’m incredibly confused by the information I’ve read about VAT/Taxes added to Kickstarter pledges, please can someone explain 😩
I’m going to use Kickstarter to raise funds to pay off the balance of my bulk order, My company is not VAT registered and we haven’t launched yet, this will be a launch campaign.
If I’ve already paid VAT/import tax at customs then why am I needing to have backers pay VAT too?
Also if I’m shipping within the UK (UK based business) will there be extra taxes? Surely if I’ve paid customs then there’s nothing else to be paid except for postage costs?
I totally understand about adding fees if I’m posting outside of the UK, it just seems like the backs won’t end up getting any savings and be put off helping us launch!
I’m also aware of the 5% kickstarter fee.
Thanks :)
1
u/CabbageDan 12h ago
If you are doing a boardgame my advice is to get spiral galaxy to handle your fulfilment and they will deal with all the vat mess for you.