Oct 16, 2020 04:12:58 AM by Anne M
Could Upwork please explain why from a job of $25 I will be paid $19? If your commission is 20%, which is $5, what is the extra $1 reduction for? This is before any kind of bank withdrawal etc. just money in account. Thanks.
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Oct 16, 2020 04:14:40 AM Edited Oct 16, 2020 04:17:38 AM by Petra R
Anne M wrote:Could Upwork please explain why from a job of $25 I will be paid $19? If your commission is 20%, which is $5, what is the extra $1 reduction for?
Depending on which country you're in, VAT on the fee at 20%
Edited to add: You're in the UK, which has a VAT rate of 20%
So client is billed $ 25, the Upwork fee is $ 5, the 20% VAT on the Upwork fee is $ 1
Oct 16, 2020 04:14:40 AM Edited Oct 16, 2020 04:17:38 AM by Petra R
Anne M wrote:Could Upwork please explain why from a job of $25 I will be paid $19? If your commission is 20%, which is $5, what is the extra $1 reduction for?
Depending on which country you're in, VAT on the fee at 20%
Edited to add: You're in the UK, which has a VAT rate of 20%
So client is billed $ 25, the Upwork fee is $ 5, the 20% VAT on the Upwork fee is $ 1