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Faisal's avatar
Faisal S Community Member

Commission on Payment

Hello 

I did a project of 500 dollars with 50 dollars tip. The total commession should be 110 dollars and I should get 440. But pending amount is 424 dollars ?

 

Can someone explain why ? and if there is VAT, How much is it ? and why are we paying it ?

 

Thank you 

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Petra's avatar
Petra R Community Member


Faisal S wrote:

I did a project of 500 dollars with 50 dollars tip. The total commession should be 110 dollars and I should get 440. But pending amount is 424 dollars ?


20% on 500 = 100

10% on 50 =       5

 

VAT at 20% on the 105 service fee = 21

 

550 minus 126 = 424

 

You pay VAT on Serviceswhen you live in the UK. The service fee is how you pay for the services you get from Upwork.