What has changed?

In accordance with European Union rules on how VAT is calculated on  payments made by Fans, the collection of VAT from customers is paid directly to the relevant tax authorities. Regardless of where the Creator or Fan is based, the 82/18 earning split between Creator and hookmi is protected.

This change will only affect payments made by Fans who are resident in a country which charges VAT.

How does hookmi handle taxes

All VAT collected by hookmi is paid directly to the relevant tax authority, in full.