so onlyfans have introduced a new VAT thing today which mean..
Added 2020-07-01 11:13:14 +0000 UTCso onlyfans have introduced a new VAT thing today which means your prices will be increasing - with no warning to anyone. i don’t know why they need to do this because i file and pay all my taxes to stay compliant with the law, and OF already takes 20% of any income before it even hits my bank account and converts to £ from $. this means you’ll be paying slightly more on top of everything (monthly sub price, ppv prices, and i believe tips also) while i earn slightly less. i.e if something is $10, you pay $12 and i get $8 of that, minus the conversion rate/fee. i don’t really know how to combat this, but if you no longer wish to or can no longer afford to sub, i totally understand! those who will choose to stick around, i hugely appreciate it ❤️ much love x
