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Messages - davidlee

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1
Hey guys,

I understand it's been pretty confusing with the recent changes to the EU Law.  We've answered some of these questions on our forums, like:

Q: The invoices arent valid for VAT.
A: Youre correct, and we have a second VAT rollout that is coming right after this one. (Click for full answer)

Q: Does Envato report the VAT in the authors name?
A: No, VAT will be collected and remitted under Envatos MOSS registration.
 
Please check out the forum threads like the New Invoices and Statements and Envato Market the platform for more extensive information.  If you do have further questions, please contact [email protected] as this is actively monitored and will be responded to.

Cheers, and thanks for sharing your concerns.

David

2
It is so messy and illegal for EU contributor that I ask if they can put my portfolio offline until they fix those issues. If they can't do that, I think only solution is to close account.

I sent a query about week ago via [email protected] and still waiting a response.

Hi jarih, thanks for your patience on this one, I'll touch base with the team.

3
Hi guys,

I understand your concern about having your name on the invoices to buyers.

As an author, you are making sales on Envato Market. We therefore issue an invoice as proof of purchase for the sale, and use limited author (and buyer) information to ensure the documents meet buyer needs.

You may find it helpful to know that if you add a name into the business name field, it will be used instead of the first and last name.

We are also in the process of updating our user terms and privacy policy to make this agreement clearer for our authors - see this post for more.

Cheers

David

4
Hello everyone, this is David from Envato. Im going to quickly jump in here to answer a few questions and hopefully help with some of your concerns.

Will Envato report author earnings to EU tax authorities?

No, to remit VAT we dont report authors earnings as it is Envatos responsibility. That said, you should of course keep in mind authorities have broad powers to audit us and our records.

Will Envato forward the VAT liability to European authors?

No, Envato will add the VAT to the list price of purchases by EU non-business buyers and collect it in our name (not our authors). Well also lodge the VAT returns and give that money collected to the EU VAT authority. This is due to a recent change in EU VAT laws which made Envato the supplier for VAT purposes.

Is Envato going to issue 1099s?

Envato has plans to issue 1099s, although these are currently on hold while we investigate the double reporting issue a couple of you mentioned. Were in discussions with PayPal about this now and well loop back to contributors when we know more.

If you have any further questions, feel free to get in touch in our forums or at [email protected]. I also recommend checking out the invoice and statements Q&As as well as this forum post on VAT by our CEO, Collis.

I hope this helps! :)

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