• How much does it cost to rent on Fat Llama?

  To help operate the Fat Llama platform, we charge a service fee on all transactions. For most categories, this fee is 25% from the owner and 25% from the renter. However, as of 28 October 2024. the following categories have a fee of 25% from the owner and only 10% from the renter. Construction Equipment & Tools Home & Garden Sports & Leisure There is a £/$1 minimum renter service fee per transaction. No subscription fee It’s free to sign up and list your itemsPopular

• How and when do owners get paid? Find fee breakdown and invoices explained.

  When do I get paid? Payouts to owners will be initiated once the rental period has ended. Typically, you can expect the funds to be deposited into your account within 1-3 days after the rental is completed. How do I get paid? We'll send you your owner earnings via direct transfer. Payments are run through our secure payments provider, Stripe. When you accept your first rental, we'll send you an email asking you to upload your bank account details. Where can I see the fee break dSome readers

• VAT

  If you would like to charge VAT on your rentals you will need to include it in the rental price you set. You can use the description to give any details such as whether VAT is included in the price, or what your VAT number is. If you wish to  provide the renter with an invoice directly to show the breakdown of rental fee and VAT, you can give them a physical invoice when they pick up the item. We are an intermediary between the renter and the owner so cannot offer any VAT or tax advice. HoweveFew readers

• Verifying your earnings account

  When you rent something on Fat Llama as an owner, we transfer your earnings to your account using our payment provider, Stripe. If the volume of your owner earnings increases significantly, Stripe might ask you to further verify your identity. These requirements come from our regulators and financial partners, and are intended to promote transparency and prevent individuals from using complex company structures to hide terrorist financing, money laundering, tax evasion, and other financial crimFew readers

• How do I change my payment details?

  The next time you make a rental request, just click the “add card” button, and you’ll be able to change your payment details. Please note that we don’t accept pre-paid cards.Few readers