- Creator Portal
- Payments
- Tax / VAT
How does MyMiniFactory collect VAT / Sales Tax?
How MyMiniFactory manages VAT and Sales Tax for creators.
1. MyMiniFactory manages all VAT/Sales Tax on behalf of the Creator. We collect and remit the applicable VAT/Sales Tax on your behalf to the relevant tax authorities. We are doing this to make matters as easy as possible for the Creators on MyMiniFactory.
2. Your object for sale will advertise the price without VAT/Sales Tax and then if a customer is from an applicable country or region at the checkout stage, the relevant VAT/Sales Tax due will be added to the object price. For example, a Creator inputs the object price without VAT/Sales Tax at $10. A customer is from the UK and a 20% VAT rate is applicable. The price the customer sees and pays at the checkout stage will be $12.
4. The MyMiniFactory 8% commission platform fee is applicable on the object price without VAT/Sales Tax included.
5. Payment processing fees are applicable on the gross object price paid with VAT/Sales Tax included.
6. If you are resident in the UK and registered for VAT, we ask that you please provide us with your valid VAT number and contact your Creator Relations Manager directly to provide you with further information.