I planned to get into selling on G2A back in June, but then the new seller rules came up in July, and I put it on hold. I spoke with G2A support about it, but they were never able to clarify the changes. I've never been able to get clarification on this elsewhere either, the G2A subreddit has some unspecified required karma to post a thread, and the mod is of no help.
I understand that sellers who aren't registered businesses can only sell €1000 before they either submit registration or can no longer sell, but what I don't understand are the new taxes and such. My understanding is that sellers now have to pay taxes that were previously covered by the buyer, meaning people will make less money than they did before. The problem is that G2A really doesn't clarify how much more you're taxed. On top of this, it varies depending on which country the buyer is from. And since I'm a US resident, I can technically choose which country I can be taxed under, but I have no idea which would be cheapest.
There's also a quarterly charge I'm confused by, that I have to pay 4 times each quarter. If I'm being taxed under the VAT MOSS scheme for every item I sell, then where does this come in?
I'm wondering if Kinguin might be a better alternative. I was originally going for G2A because they're more popular, take less of a cut, and are altogether less restrictive- I recall that unless you're some kind of authorized seller, you have to sell $80 each time before you actually get your money, and it takes less time to receive it. Seemed like the only real advantage was you had to pay renewal fees less often. Now I'm not so sure. I never planned to become a dedicated seller either, so the €1000 limit wasn't an issue, but Kinguin doesn't have that either.
I have seen claims that Kinguin takes less of a cut though, so a comparison (if that exists) would be helpful.
I understand that sellers who aren't registered businesses can only sell €1000 before they either submit registration or can no longer sell, but what I don't understand are the new taxes and such. My understanding is that sellers now have to pay taxes that were previously covered by the buyer, meaning people will make less money than they did before. The problem is that G2A really doesn't clarify how much more you're taxed. On top of this, it varies depending on which country the buyer is from. And since I'm a US resident, I can technically choose which country I can be taxed under, but I have no idea which would be cheapest.
There's also a quarterly charge I'm confused by, that I have to pay 4 times each quarter. If I'm being taxed under the VAT MOSS scheme for every item I sell, then where does this come in?
I'm wondering if Kinguin might be a better alternative. I was originally going for G2A because they're more popular, take less of a cut, and are altogether less restrictive- I recall that unless you're some kind of authorized seller, you have to sell $80 each time before you actually get your money, and it takes less time to receive it. Seemed like the only real advantage was you had to pay renewal fees less often. Now I'm not so sure. I never planned to become a dedicated seller either, so the €1000 limit wasn't an issue, but Kinguin doesn't have that either.
I have seen claims that Kinguin takes less of a cut though, so a comparison (if that exists) would be helpful.