Handling international tax collection has long been the missing feature from Stripe that every small business is crying out for. Currently, there’s a myriad of solutions, all with their own pros and cons. I compared a number of them
a couple of months ago on my blog which has proven very popular. In it I noted that really writing tax tooling isn’t something a business should be focusing on when starting out and concluded it’s probably best to use a tool which handles it for you. Thus far, that means a tool that isn’t Stripe.
The announcement of the acquisition of TaxJar by Stripe this week
means their features will be coming to the platform in due course. If Stripes track record is anything to go by, this is likely to be a polished simple solution and popular with all developers. It’s honestly very exciting news if you’re accepting payments online. If you want to get an idea of how complex things currently are with Stripe, take a look at the article in todays issue from mergify, who have written and shared code about how they handle VAT.
As always, if you have any comments or content suggestions for future issues, please feel free to reply to this email and let me know.
Until next time, keep on shipping (but after your Bank Holiday)!