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 | 08 July 2012 13:48 |
| myshoot Photographer  Location United Kingdom Kent Rochester |  Quote from sammy1990aw yes , as she will be filling out a model release form i would think yeah ??? so if she has filled it in , and hasnt declared her earnings ? she would then get into trouble and possible you too ? if im told correctly ???????? She might indeed get into trouble but given the op is declaring his income and expenses he would be fine. Models should be aware that many photographer claim back the expense of hiring a model as part of their legitimate expenditure. If they decide not to declare income from modeling to HMRC this could lead them into difficulties. |
 | 08 July 2012 14:42 |
| grahamsphotography Photographer  Location United Kingdom West Sussex Chichester | All snappers should be doing a Tax declaration if they have ever sold a picture and made a profit. |
 | 08 July 2012 14:52 |
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| stolenfaces Photographer  Location United Kingdom London West London | Quote from grahamsphotography All snappers should be doing a Tax declaration if they have ever sold a picture and made a profit. Is this just poor English... or are you really (incorrectly) suggesting that after recieving income for a single picture sold, you need to fill in tax forms every year until you die. |
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| Like any dealer he was watching for the card that is so high and wild he'll never need to deal another... | ||
| 08 July 2012 15:36 |
| designerhugh Photographer Location United Kingdom Hampshire | Model fees are a legitimate expense as said before What you need is a receipt from the model or a signed model release stating the amount paid to the model and the date paid. Good practice is also to pay by cheque or BACS but cash payment with receipt is also fine. its up to the model in inform HMRC of their earnings. |
| 10 July 2012 11:31 |
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| diipii Photographer Location United Kingdom Worcestershire | Quote from alexcrawford there is by far too much rubbish spouted about model release forms and models declaring etc etc etc. if you are using the photographs for your own web site the only thing you need is a receipt from the model saying received £n for modelling services provided. there is absolutely no need to worry about the model declaring it. would you worry about your plumber or gardener or thr driver of the bus you use? of course not ! a proper receipt will include the model's name and address date description of the services and be signed dated. your accountant has almost no say inhow you spend your money if you are a sole trader. keep it really simple and you should be fine e&oe Spot on. |
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| It only happens all the time. | ||
| 10 July 2012 19:34 |
| grahamsphotography Photographer Location United Kingdom West Sussex Chichester | Quote from stolenfaces Is this just poor English... or are you really (incorrectly) suggesting that after recieving income for a single picture sold, you need to fill in tax forms every year until you die. Might be poor English, the emphasis is on profit. It can actually work in your favour, because of all the expenses you can claim, insurance, travel, equipment etc. You can end up paying no tax in a year and sometimes get a rebate. |
10 July 2012 19:47 |
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| mgphotomedia Photographer | Quote from grahamsphotography You can end up paying no tax in a year and sometimes get a rebate. I'm afraid HMRC are wise to that one. They'll kick out your claim on the basis that you're not carrying on a trade "with a view to profit". In other words they'll refuse to reward incompetence by allowing a claim for loss relief. |
 | 11 July 2012 04:10 |
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| NATKINS Photographer  Location United Kingdom Oxfordshire | Some years ago now, but my accountant advised me to ensure that I had written details of the financial transaction with the model in the absence of a dated invoice. This avoids any issues with money laundering apparently. Although I've never been 'investigated', I do keep a copy of the essential correspondence detailing the fees and use the date of the shoot as the tax date. I guess a slightly tangental issue is for models who may not realise they are being documented as a taxable deduction and therefore there is a record of a payment to them even though it might be in cash. I know of one well known model who was investigated and had to retrospectively invoice the photographers she had worked with and then pay a hefty tax bill. Nick |
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| I've taken a vow of poverty - if you really want to annoy me, send money. | ||
11 July 2012 10:46 |
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| KostasK Photographer | If your website is a legitimate site in the context of the business you're in, then models' fees are tax-allowable expenses. From the models' perspectives, declaring their income to HMRC (and possibly other authorities if they are on benefits) is between them and their conscience! |
| 11 July 2012 11:06 |
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| mph Photographer  Location United Kingdom Cheshire Crewe | Quote from KostasK From the models' perspectives, declaring their income to HMRC (and possibly other authorities if they are on benefits) is between them and their conscience! ........and the courts |
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| Amateur - happy to do TF with models with potential and enthusiasm. Website: www.mphodson.co.uk | ||
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