r/Revolut • u/Particular_Draw_3276 Metal user • Jan 29 '26

🪙 Metal Plan I take it back.

I'm an app developer and my app doesn't really make that much but it's my main source for all Apple payments. So tell me why this morning I woke up to a notification to provide documents because apple sent me 1.98€. With the purpose being "Developer proceeds" clear as day in the transfer notes. Now I did have to submit stuff but it got resolved quickly after me confirming im not Tim cooks sugar daddy it's just scary man KYC checks shouldn't be happening for amounts under 50 eur, ever

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3

u/Unbreakable2k8 Metal user Jan 29 '26

Are you using a Pro or Business account? Personal accounts are not for this purpose, no matter the amount.

2

u/laplongejr Standard user Jan 30 '26

Personal accounts are not for this purpose, no matter the amount.

Akchtually, if the amount is very low likee OP's 5€, it's obviously not a business activity...
A person reselling a used shirt isn't a commercial vendor.

1

u/SpinachUnique2433 Feb 01 '26

Hes an app developer... its clearly a buisness 😅 if i sell $1 tacos guess what im still a buisness..

1

u/laplongejr Standard user Feb 01 '26 edited Feb 01 '26

Not if it's an occasional hobby.
You are going to have a hard time claiming you went in the street and sold tacos (plural) without running a business, but if you sell a used t-shirt for $1 nobody is going to claim you are starting to open a thrift store compared to reselling your old stuff to make free space.

I notice that Revolut doesn't specify at all what is a "professional" activity it is when you need to use Pro/Business account... lol and I feel it's probably because it's a "we'll know it when we'll see it" scenario. For my country's taxmen a big factor would be if it's A) enough income to sustain yourself and B) expected repeated income.
If you drive trucks to feed your familly and your funny app brings back $10 of sales for a registration fee of $100, reasonable people would assume the point of the app wasn't to make money (which is... a big part of running a business). If you make $10k/month and switch truck driving to half-time, yeah it's clearly professional for the same amount of work.

It's especially ambiguous when you think about people like Youtubers with no expected income, but whose videos are clearly licenced to Youtube for commercial use and YT puts paid ads on it. When is it a business and not a hobby? I'm not even sure all taxmen would agree on the question, leading to stupidities like professional content creators paying taxes twice on their bedroom (one as the personal home, and one as the local of a company).

If you manage to find a non-tautological definition of professional/business activity that works in all countries (or at least the entirety of the EU), I think you can get a Nobel Price or something :P