MicrostockGroup Sponsors


Author Topic: UK photogs - why is Bigstock asking for my VAT number?  (Read 3471 times)

0 Members and 1 Guest are viewing this topic.

« on: March 07, 2014, 18:08 »
+1
I just logged into BigStock and saw for the first time a banner across the top of the page that said 'Please input your VAT number - if you don't we will have to start deducting VAT from your income' (or words to that affect).

This is a nonsense - I am not required to collect VAT unless my income is over 1000 a week (rough guide) and mine (in total) is nowhere near that.  Not even remotely close.  So I don't have a VAT number to give them. 

Anyone else seeing this message?


« Reply #1 on: March 07, 2014, 18:59 »
+1
Yes I am too!  And dont understand why it appears as a large banner right above the website.  Is this a serious request or a gimmick of some sort?  If its a serious request why haven't they sent out an email or a more descriptive communication to contributors?  ???

« Reply #2 on: March 07, 2014, 20:49 »
+1
I don't have one either... I don't need it or get it at my income level.
« Last Edit: March 07, 2014, 20:52 by Dark_Angel »

« Reply #3 on: March 07, 2014, 22:20 »
0
it seems to me as if they are trying to treat you as if you were the vendor - as if BS were simply a marketplace.

On the plus side - if this redefines BS as a marketplace then the point of sale is presumably where the artist lives ... in which case witholding tax should no longer be an issue for anyone.

Long story short - IMO they are currently the vendor and they
 pay you a royalty from what they earn when they make a sale. In which case any VAT liability is with them. Deducting it from your royalty would be outrageous.


« Reply #5 on: March 08, 2014, 05:29 »
+2
In my inbox this morning from their Help Centre:

"A VAT number is only required for customers on our site, as you are a contributor you only need to fill out the Tax Profile and Tax Form on our Tax Center."


So, if you have already completed all the gubbins with your W8-BEN when you joined as a contributor, which will be confirmed in green on your Tax Centre page, no further action is required. Kushti.


 

Related Topics

  Subject / Started by Replies Last post
2 Replies
2221 Views
Last post January 26, 2007, 06:58
by dbvirago
0 Replies
1728 Views
Last post January 26, 2007, 13:11
by Istock News
7 Replies
7786 Views
Last post March 08, 2011, 13:17
by ann
7 Replies
6125 Views
Last post March 31, 2011, 16:10
by scottbraut
2 Replies
2117 Views
Last post June 05, 2014, 23:31
by grsphoto

Sponsors

Mega Bundle of 5,900+ Professional Lightroom Presets

Microstock Poll Results

Sponsors