The Marketplace Tax
Successful freelancers on marketplaces are losing $10,000+ per year in platform fees, while clients are also hit with hidden marketplace fees.
- Service Fees — Standard 10% commission rate: -$951
- Subscription Fees — Monthly platform premium costs: -$1,200
- Withdrawal Fees — Fixed bank rate: -$450
- Hidden Fees — That 20% cut on tips: -$100