Attention! Starting June 1st, Etsy's fees on multiple sites will increase!

It is learned that according to foreign media reports, Etsy will increase the regulatory operating fee in some European countries from June 1, 2023. The platform began to collect regulatory operating fees from sellers in the UK, France, Italy, Spain and Turkey markets in July 2021. At that time, it said that the additional charges were out of consideration for maintaining operating costs and were a helpless move under the increase in tax rates in Europe.

Fees will increase on June 1 in the following three countries:

• The UK changed from 0.25% to 0.32%

• France changed from 0.40% to 0.47%

• Italy changed from 0.25% to 0.32%

Spain's regulatory operating fee will remain unchanged at 0.40%, while Türkiye's will remain unchanged at 1.1%. Etsy has not yet said whether other countries will increase this fee.

It is understood that Etsy's regulatory operating fee is charged based on the sum of the price of each item, shipping costs, gift packaging and personalized service fees. In some cases, sellers also need to pay value-added tax, but the proportion of the fee will not be too high.

"As many countries introduce new regulations, Etsy's costs have increased significantly, and we have been forced to introduce a regulatory operating fee. The regulatory operating fee helps ensure that we can continue to provide great service to sellers in these regions," Etsy explained in its Seller Handbook.

Editor ✎ Nicole/

Disclaimer: This article is copyrighted and may not be reproduced without permission.