BuyMyTune pays artists directly. Here's how the money flows from a fan's purchase to your bank account.
What you earn per sale
When a fan buys your music, the purchase price breaks down roughly like this:
1. UK VAT (20%) is calculated from the gross amount and remitted to HMRC by BuyMyTune.
2. Platform fee (15%) is deducted from the net amount (after VAT). The rate is a flat 15% on every sale.
3. You receive the remainder. Your Payouts page shows a live breakdown for every transaction.
When do earnings become payable?
Each sale has a short holding period (typically a few days) to account for potential refunds and payment disputes. Once the holding period passes, your earnings show as Available in the Payouts section.
How payouts are processed
1. Go to Dashboard → Payouts.
2. Click Request Payout when you have available earnings.
3. BuyMyTune processes payouts in batches — you'll receive payment to the bank account you've registered.
4. Payout processing typically takes 2–5 business days once the batch is processed.
Common questions
I have earnings showing as "reserved" or "pending" — why can't I withdraw them yet? They're in the holding period. Once it passes, they'll move to "available".
How do I add or change my bank details? See Changing your bank or payout details.
I didn't receive a payout I requested. Check that your payout details are correct in Settings. If everything looks right, contact us and we'll investigate.
What currency are payouts in? All payouts are in GBP (£) to a UK bank account. International payout options are on our roadmap.