Goodbye Fiverr, it's been... something.

[andywarburton]

Well, it was going to happen eventually!

Today will be my last day on Fiverr, once my last payment clears I will be closing down my account and leaving the platform. I joined back in 2020 as a way to make some extra money to support my hobbys and have done pretty well over the years, making it up to TRS and completing over 400 orders. There have been ups and downs along the way but that is all going to end.

Why am I leaving? Basically EU tax regulations. I'm an expat that has lived abroad but due to dual taxation regulations I have been able to declare my taxes in my home country for the entire time I have been on Fiverr. This has been good for me because my income at home was effectively zero and I was able to pay tax at a very low rate. This was completely legal and above board however, Fiverr is now requiring me to file these earnings in Europe which unfortunately means paying these taxes at the same rate as my main income (around 50%!). 

With Fiverr taking 20% plus 50% taxes and some currency conversion shenangigans there is literally no way I can offer my service as I want to offer it while remaining competitive. I could double my prices but customers already give me low scores for "value for money" (if the limited info on success score is anything to go by) and I don't feel like dealing with an increase in problem customers which is what has happened whenver I have tried to increase my prices in the past.

It's been a pleasure chatting with you all here over the years and I hope I have brought some value to the forum!

Good luck everyone!

Andy

PS, If anyone is struggling to make it here on Fiverr and wants the secret sauce from my successful top rated business offering conversion rate optimisation audits, feel free to send me a DM and I would be happy to discuss the potential sale of my assets (for the right price of course!).