TAX?

[Alice_Wonderland]

Just wondering if I need to declare this to the tax man and also what would you say? I'm self employed, or employed because adult work technically pays us the money into our banks? What name would you give this job?

Any advice would be appreciated.

[Scotty_Hottie]

You're self-employed and of course you need to declare taxes. If Adultwork was your employer, they would pay take out tax and then pay you.
Make sure you register within (3 months?) of becoming self employed otherwise you can face penalties.
x

[admin]

For the job title it doesnt have to be exact, it can be very broad like "Media designer" etc.

You have to declare tax but dont worry you may not need to pay any, you have a personal allowance you can earn each year before tax needs to be paid.

[friendly accountant]

Just wondering if I need to declare this to the tax man and also what would you say? I'm self employed, or employed because adult work technically pays us the money into our banks? What name would you give this job?

Any advice would be appreciated.

Happy to chat on the phone if you want help / advice. I run my own accountancy practice and have a large number of clients in the Adult Sector.

Full contact details on my website http://www.xxxtax.com

[Trinity-Belle]

Lots of girls put themselves down as "entertainer" or "model" or even "therapist". It doesn't really matter so long as it kind of covers what you do. You can put "prostitute" or "escort" but I'm not sure that many do. The tax man doesn't care particularly... it's only really relevant so that they can see that the things you are claiming and the money you are declaring is broadly in line with what they would expect to see from someone in that field, I think.

Give Friendly Accountant a call. He's a good guy by all accounts... for an accountant! There's no accounting for taste

x

[friendly accountant]

Give Friendly Accountant a call. He's a good guy by all accounts... for an accountant! There's no accounting for taste

x

Awww.... you say the nicest of things!

[courtesanannabel]

Just wondering if I need to declare this to the tax man and also what would you say? I'm self employed, or employed because adult work technically pays us the money into our banks? What name would you give this job?

Any advice would be appreciated.

Hi there

Oh do register, its well worth as to what you can put through the business, get a business bank account with an iban number so you can have your credits you earn through aw in to acc

inland rev code is adult entertainment, best be honest as if you put 'hairdresser' say and the tax man finds out you can be fined

I have a fab accountnat please mail if you would like his details

Regards

Anna

[courtesanannabel]

For the job title it doesnt have to be exact, it can be very broad like "Media designer" etc.

You have to declare tax but dont worry you may not need to pay any, you have a personal allowance you can earn each year before tax needs to be paid.

Hi

would just like to say, with advice from the tax man if dont put down what you do you can be fined - so saying hairdresser and you do webcam and they find out you can have a heavy fine and they will look into your earnings even more - honesty is the policy

thanks admin for all your help with everything

[oneandonlyMrsJones]

For the job title it doesnt have to be exact, it can be very broad like "Media designer" etc.

You have to declare tax but dont worry you may not need to pay any, you have a personal allowance you can earn each year before tax needs to be paid.

Hi

would just like to say, with advice from the tax man if dont put down what you do you can be fined - so saying hairdresser and you do webcam and they find out you can have a heavy fine and they will look into your earnings even more - honesty is the policy

thanks admin for all your help with everything

my accountant has me down as offering 'media services' and he is experienced in the industry

[Ana_X]

I just put Dominatrix on mine. Makes declaring my business spends more transparent. Little point in saying I'm a hairdresser and filing receipts for bondage this and insertible dick shaped that :p