How are transaction costs calculated?

We charge a service fee of  15% + £0.60 per sale for all your videos. We do not charge extra for hosting or bandwidth of your video files.

All non GBP sales are converted to GBP at the end of the day of sale, using the exchange rate on the day of the sale. Exchange rates are provided by  Open Exchange Rates.

Below are examples of how our fees are calculated.

Example Calculation with VAT

A sale in the UK, where the VAT rate is 20%.

Gross sale amount £ 3.99
VAT amount £ 3.99 * (20/120) £ 0.66
Fee ((£ 3.33 - £0.60) * 0.15) + £ 0.60 £ 1.01
You receive £ 3.33 - £1.01  £2.32

Examples for Various Prices with UKVAT

Gross sale amount VAT Rate % VAT amount Fee You receive
£ 1.99 20 % £ 0.33 £ 0.76 £ 0.90
£ 2.99 20 % £ 0.49 £ 0.89 £ 1.61
£ 3.99 20 % £ 0.66 £ 1.01 £ 2.32
£ 4.99 20 % £ 0.83 £ 1.13 £ 3.03
£ 5.99 20 % £ 0.99 £ 1.26 £ 3.74
£ 6.99 20 % £ 1.16 £ 1.38 £ 4.45
£ 7.99 20 % £ 1.33 £ 1.51 £ 5.15
£ 8.99 20 % £ 1.49 £ 1.64 £ 5.86
£ 9.99 20 % £ 1.66 £ 1.76 £ 6.57

Example Calculation without VAT

A sale in the US, where no EU VAT is applied.

Gross sale amount   £3.99
Fee ((£3.99 - £0.60) * 0.15) + £0/60 £1.11
You receive  £3.99 - £1.11 £2.88

Examples for Various Prices without VAT

Gross sale amount Fee You receive
£ 1.99 £ 0.81 £ 1.18
£ 2.99 £ 0.96 £ 2.03
£ 3.99 £ 1.11 £ 2.88
£ 4.99 £ 1.26 £ 3.73
£ 5.99 £ 1.41 £ 4.58
£ 6.99 £ 1.56 £ 5.43
£ 7.99 £ 1.71 £ 6.28
£ 8.99 £ 1.86 £ 7.13
£ 9.99 £ 2.01 £ 7.98

Still need help? Contact Us Contact Us