A transaction fee of 30p/30c is deducted from the royalty figure you receive for each sale of a resource priced under £3/$3
The transaction fee will be applied regardless of your royalty level when:
*A resource is bought that is priced under £3/$3
*A resource is bought that is usually priced at £3/$3 or more but has been discounted by you to under £3/$3
The transaction fee will not be applied when:
*Resources are discounted by Tes to under £3/$3
Example: You are a Silver author who sells a resource for £2 to a UK buyer
Resource purchase price = £2
VAT @20% deduction (33p) = £1.67
75% Royalty (calculated on £1.67) = £1.25
30p transaction fee deduction = 95p
95p is the total amount of royalty you will receive for this sale.
Note: If you are a 'New Author' (you have under 10 resources for sale on Tes) a transaction fee of 30p / 30c is already applied to all of your sales. When you become a Bronze Author or above, the transaction fee will only apply to resources priced under £3/$3.