Update: 13 March 2010
The original project ended on 23rd December 2010. During the project, 40% of all money raised was given to one of three charities, The Hysterectomy Association, Kiva or the BCCT. Since the end of the project, 40% of the profits still go to charity.
Quite a few people have been asking me what exactly is going to happen to the money that is raised through the sale of LinkedIn Made Easy so I thought I’d try to expand on it a little more than I have done elsewhere:
- 40% of the profits from every book sold now goes to KIVA and you can keep up to date on how this happens on the blog.
- Roughly (dependent on $-£ exchange rates) 65p will go to Payloadz for processing each order for THIS site.
- Roughly (dependent on $-£ exchange rates) 24p will go to PayPal as they process the payments.
- IF an affiliate has been involved in the transaction, then £1 will go to them
- 75p VAT charge from the sale of any ebooks that takes us over the VAT threshold of £70,000
- The Hysterectomy Association will therefore receive somewhere between £0.35p and £1.35 with every e-Book sold after other tax liabilities have been taken into account.
Other costs to be taken into account:
- £300 to run the payloadz account
- £49 for hosting the site each month, this could go up significantly if the bandwidth were to be compromised though this is unlikely 🙂
Todays Latest Statistics: updated tomorrow when the accurate figures are available.