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Being in a group or giving AW self employed details, whats the difference in income ?
#1
Hi there

I am debating giving AW my self employment details and leaving the group that I am in.  

Bit unsure of how much I will earn in either scenario.

Currently in the group I need to earn 150 to make £100.

Before I joined the group (and had not given AW my self employment details) I needed to earn 156 to make £100.

I am just wondering if anyone has details of how much more I will earn once I am no longer paying VAT,  as in how many credits = £100 ??

I tried to work it out and came up with 116 credits = £100 but I'm not entirely sure and I cant find any actual figures on the site.

If anyone has this info and can help me out that would be so helpful Smile

I love the fact that I get paid so quickly in the group at the moment so not sure what to do.

X
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#2
Hi, no need to give AW your self employment details.

Your current setting is:

Payout On Request: 30 credits minimum, "instant" pay, -33.5%

Changing to AW direct is: 150 credits minimum, 2-3 weeks wait, -30% 150 credits -30% = £105

thats the long and short of it really.

Thanks
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#3
(09-09-2019, 17:48)admin Wrote:

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Hi, no need to give AW your self employment details.

Your current setting is:

Payout On Request: 30 credits minimum, "instant" pay, -33.5%

Changing to AW direct is: 150 credits minimum, 2-3 weeks wait, -30% 150 credits -30% = £105

thats the long and short of it really.

Thanks

Thanks for your response,  I thought that if I gave the site my UTR I no longer pay VAT on the admin fee ?

Is that correct ?
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#4
Hi, no longer needed to give AW your UTR but AW will still charge an extra 20% on all your non live content. So if you set your private gallery to 1 credit, the client actually pays 1.20 credits.
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#5
(09-09-2019, 20:34)admin Wrote:

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Hi, no longer needed to give AW your UTR but AW will still charge an extra 20% on all your non live content. So if you set your private gallery to 1 credit, the client actually pays 1.20 credits.


   I dont really bother with the private gallery as Im just phone and IM.

  What about the income and admin/facility fees on direct/pre booked chat/IM chat......Is there VAT charged on that ?  

  Thank you
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#6
Hi, VAT only charged on non live services on clients side. No VAT on those you mention.

Thanks
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