How and when you get paid
Steady pays you once a month, straight to your PayPal account. Earnings for one month are usually paid out within 14 days of the end of that month (e.g. January earnings by mid-February).
With every payout you'll receive a detailed credit note by email, so you always have a record for your accounts.
Where to manage your payout details
You manage everything about getting paid in your payout settings. That's where you set your individual VAT rate and can download each credit note as a PDF whenever you need it.
How your payout is calculated
Your net earnings are calculated as follows:
Gross Sales
Total membership revenue minus refunds and failed payments.Deductions:
Steady’s commission: 10% of your gross sales.
Payment Processing Fees: These vary depending on the payment method.
Value-Added Tax (VAT): Collected from membership payments and submitted to the tax authorities. VAT rates depend on the type of publication and the members' country of residence.
VAT Refund
Based on your individual VAT rate (e.g., 7%, 19%, or 0% for VAT-exempt small businesses in Germany), Steady pays you the VAT portion of your net earnings. For media makers outside Germany, the reverse-charge procedure applies, so no VAT is charged or paid.
Example Calculations
1. Podcast (Members in Germany, 19% VAT):
Gross Sales: €1,554.88
Net Earnings After Deductions: €1,046.42
Additional VAT Refund (19%): €198.82
Total Payout: €1,245.24
2. Magazine/Blog (Members in Germany, 7% VAT):
Gross Sales: €1,554.88
Net Earnings After Deductions: €1,192.95
Additional VAT Refund (7%): €83.51
Total Payout: €1,276.46
3. Podcast (Members in the Netherlands, 21% VAT):
Gross Sales: €1,554.88
Net Earnings After Deductions: €1,024.82
Note: VAT is handled via the reverse-charge procedure.
4. Magazine/Blog (Members in the Netherlands, 9% VAT):
Gross Sales: €1,554.88
Net Earnings After Deductions: €1,166.29
Note: VAT is handled via the reverse-charge procedure.
Good to know
Steady emails: Make sure you can receive emails from Steady so you don't miss important payment details.
Individual VAT rate: Make sure your VAT rate is set correctly in your account settings.
Reverse-charge procedure: For media makers outside Germany, VAT is neither charged nor refunded.
Still need help?
If anything about your payout is unclear, email us at support@steadyhq.com and we'll be glad to help.
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