Hello Everyone!
I've noticed some confusion around taxes, fees, and earnings on Itch.io, so I wanted to share some insights. If you're new to the platform or haven't requested a payment yet, here's what you need to know:
Reference Value: The initial value you see (before requesting a payment) is just a reference. It includes a 30% tax withholding.
First Payment Request: Once you request your first payment and your data is validated, the system calculates the actual taxes. You'll receive a complete sales report.
Deductions
- Itch Fee: Itch.io deducts 10% from your earnings by default.
- Payment Method Commissions: Additional fees may apply depending on your chosen payment method.
- Applicable Taxes: Keep in mind any relevant taxes based on your location.
Remember, if you encounter any account-related issues, it's best to reach out to Itch.io's support team directly. They're here to assist you!