Welcome to the 30th edition of the monthly transparency report (for July 2017). In this series, I do my best to share with you everything that’s been going on at CodeinWP and ThemeIsle – from a business point of view. The good, the bad, and the ugly. And we have a lot of the latter this time. Click here to see the previous reports. First off, no click bait with the title. I mean it, but more on that later in this report.
You might have noticed that the previous report was a bit different – instead of focusing on the usual set of thoughts and takeaways, I showcased a timeline of our WordPress experience so far, plus some of the most notable milestones for the company.This month we’re back to the standard format, so get yourself prepared for twice the learnings!
1. Payments, tax, and other “fun things”
Last month, we finally managed to integrate FastSpring fully as our main shopping cart software. This means that from now on, all our sales go through them.
Now, why is this a big deal and especially for EU countries? A couple of reasons:
a) VAT/tax handling
Something I learned rather recently was that 5+ countries introduced kind of a new taxation on
Source: https://managewp.org/articles/15930/how-to-lose-50-of-your-business-overnight
source https://williechiu40.wordpress.com/2017/08/22/how-to-lose-50-of-your-business-overnight/
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