Jump to content

How to invoice clients to declare my earnings


karenjl

Recommended Posts

You do not need to invoice your clients on Fiverr, and you are not allowed to ask for that sort of information. Fiverr already invoices the buyer. Read this: https://buyers.fiverr.com/en/article/getting-started-3443787#receiving-invoices
https://buyers.fiverr.com/en/article/payments-and-invoices

I also suggest you read the Terms of Service: https://www.fiverr.com/terms_of_service

Link to comment
Share on other sites

To declare my earnings and issue an invoice I need information from the clients that I do not have (name, address, tax ID, etc).

Can I issue the invoice in the name of fiverr? What data should I put?

Can I issue the invoice in the name of fiverr?

That’s exactly what you should do, and it’s what I do for my accountant. Whenever I withdraw earnings, I issue an invoice to Fiverr (for the sake of accounts only, I don’t physically issue the invoice) to the amount of my commission for that withdrawal. I then immediately record a payment against the invoice, closing it off. You and your accountant then have an accurate record of all your earnings through Fiverr.

Hope this makes sense.

Link to comment
Share on other sites

You do not need to invoice your clients on Fiverr, and you are not allowed to ask for that sort of information. Fiverr already invoices the buyer. Read this: https://buyers.fiverr.com/en/article/getting-started-3443787#receiving-invoices

https://buyers.fiverr.com/en/article/payments-and-invoices

I also suggest you read the Terms of Service: https://www.fiverr.com/terms_of_service

In order to declare these earnings in my country I need to issue invoices that prove it. So I ask if the invoices can be in the name of fiverr, since I can not request personal data from customers.

Link to comment
Share on other sites

Can I issue the invoice in the name of fiverr?

That’s exactly what you should do, and it’s what I do for my accountant. Whenever I withdraw earnings, I issue an invoice to Fiverr (for the sake of accounts only, I don’t physically issue the invoice) to the amount of my commission for that withdrawal. I then immediately record a payment against the invoice, closing it off. You and your accountant then have an accurate record of all your earnings through Fiverr.

Hope this makes sense.

And what data do you use to record the earnings? Because I am asked to fill in the following information:

Country, Tax ID, Name or entity, address, email.

Link to comment
Share on other sites

And what data do you use to record the earnings? Because I am asked to fill in the following information:

Country, Tax ID, Name or entity, address, email.

You can find much of the information here;

https://www.sec.gov/Archives/edgar/data/1762301/000104746919003139/a2238508zf-1.htm

Anything you can’t find there, you may need to contact Fiverr customer support and ask for it. I don’t include a tax number, as the tax laws here in the UK mean that I don’t charge Fiverr VAT (Value Added Tax), so a tax number is therefore not needed.

Link to comment
Share on other sites

You can find much of the information here;

https://www.sec.gov/Archives/edgar/data/1762301/000104746919003139/a2238508zf-1.htm

Anything you can’t find there, you may need to contact Fiverr customer support and ask for it. I don’t include a tax number, as the tax laws here in the UK mean that I don’t charge Fiverr VAT (Value Added Tax), so a tax number is therefore not needed.

Thank you very much for your help <3

Link to comment
Share on other sites

Guest humanissocial

And what data do you use to record the earnings? Because I am asked to fill in the following information:

Country, Tax ID, Name or entity, address, email.

Please read the ToS.

Tax IDs and countries are only relevant if you are selling directly to the person paying for them. But you aren’t. Fiverr is reselling your services on your behalf. You don’t issue invoices to individuals or report taxes on each person and their country because this is a marketplace where your services are resold on your behalf.

So none of what you wrote here applies:

And what data do you use to record the earnings? Because I am asked to fill in the following information:

Country, Tax ID, Name or entity, address, email.

What @cubittaudio is describing is just how he reports his income for income tax, NOT recording or collecting sales tax. You don’t account for sales tax because you aren’t charging the sales tax. Fiverr is. Sales tax does vary by country, so you need to follow the laws of your country, but just remember that Fiverr is reselling your services.

Link to comment
Share on other sites

Guest humanissocial

You can always export your order list. I think you can use that for your need.

Thst isn’t necessary for taxes because you aren’t selling to those individuals. Fiverr is reselling your services on your behalf.

I’m gathering that accountants don’t understand this and that is where the confusion lies.

Link to comment
Share on other sites

Please read the ToS.

Tax IDs and countries are only relevant if you are selling directly to the person paying for them. But you aren’t. Fiverr is reselling your services on your behalf. You don’t issue invoices to individuals or report taxes on each person and their country because this is a marketplace where your services are resold on your behalf.

So none of what you wrote here applies:

And what data do you use to record the earnings? Because I am asked to fill in the following information:

Country, Tax ID, Name or entity, address, email.

What @cubittaudio is describing is just how he reports his income for income tax, NOT recording or collecting sales tax. You don’t account for sales tax because you aren’t charging the sales tax. Fiverr is. Sales tax does vary by country, so you need to follow the laws of your country, but just remember that Fiverr is reselling your services.

You seem to be forgetting that we do work for Fiverr. We are all agents secretly stationed in the forums to dismiss anyone who disagrees against Fiverr’s totalitarianism.

Link to comment
Share on other sites

Guest humanissocial

You seem to be forgetting that we do work for Fiverr. We are all agents secretly stationed in the forums to dismiss anyone who disagrees against Fiverr’s totalitarianism.

😂 well played. Now where is my royalty check for being an agent. @karenjl please note Jake is being sarcastic. It’s an inside joke.

Link to comment
Share on other sites

Thst isn’t necessary for taxes because you aren’t selling to those individuals. Fiverr is reselling your services on your behalf.

I’m gathering that accountants don’t understand this and that is where the confusion lies.

This is why I say we really work for Fiverr, not individual clients.

Link to comment
Share on other sites

Please read the ToS.

Tax IDs and countries are only relevant if you are selling directly to the person paying for them. But you aren’t. Fiverr is reselling your services on your behalf. You don’t issue invoices to individuals or report taxes on each person and their country because this is a marketplace where your services are resold on your behalf.

So none of what you wrote here applies:

And what data do you use to record the earnings? Because I am asked to fill in the following information:

Country, Tax ID, Name or entity, address, email.

What @cubittaudio is describing is just how he reports his income for income tax, NOT recording or collecting sales tax. You don’t account for sales tax because you aren’t charging the sales tax. Fiverr is. Sales tax does vary by country, so you need to follow the laws of your country, but just remember that Fiverr is reselling your services.

I meant that I need to report my income and they asked me to make an invoice for each sale. I kept investigating, thanks for the info!

Link to comment
Share on other sites

Guest humanissocial

I meant that I need to report my income and they asked me to make an invoice for each sale. I kept investigating, thanks for the info!

Yeah if they’re asking for an invoice for each sale they don’t get it.

Personally I’d be wary of an accountant that doesn’t understand resale or how to account for it!

Link to comment
Share on other sites

  • 1 year later...
On 8/5/2020 at 6:36 PM, humanissocial said:

Thst isn’t necessary for taxes because you aren’t selling to those individuals. Fiverr is reselling your services on your behalf.

I’m gathering that accountants don’t understand this and that is where the confusion lies.

Is that still up to date?

Fiverr's Payment Terms now say: "Seller hereby appoints Fiverr as Seller’s limited authorized payment collection agent solely for the purpose of accepting payments (via its Payment Services Provider, if applicable) from Buyer, and remitting those payments to Seller.  Seller agrees that payment from Buyer to Fiverr shall be considered the same as a  made directly to Seller."

This would mean that we actually do sell to the individuals on the platform, and not to Fiverr itself, no?

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...