General
Do I need to pay tax on the funds raised ?
Do I need to pay tax on the funds raised ? The funds you raise on BackaBuddy will be paid out after the deduction of BackaBuddy and third party payment fees. The net amount you receive after the deduction may be applicable for local government taxes. ...
Will I be charged fees on my offline donations?
Will I be charged fees on my offline donations? No, only funds raised and received through the BackaBuddy platform are subject to admin and bank fees where applicable.
What do you mean by payment gateway charges?
What do you mean by payment gateway charges? During an online transaction, a third party needs to process the payment securely & ensure safety. There are various service providers including banks and other payment wallets which charge a small fee for ...