When you’re working freelance, calculating how much tax you should be paying can be tricky. We’ve partnered with Crunch, who offer specialist accounting services for freelancers, to help guide you through the maze.
Crunch have two webinars running tomorrow, where their experts will be on-hand to answer your queries, depending on whether you’re working as a sole trader, or you have your own limited company.
What taxes do I pay? A webinar for Sole Traders – REGISTER HERE
What taxes do I pay? A webinar for Limited Company directors – REGISTER HERE
Both webinars are free, so don’t miss your chance to have your questions answered by the experts.
Don’t forget, all ProductionBase members receive a 10% discount on Crunch accountancy packages for the first year, as part of your exclusive range of Member Discounts.
What is a First Assistant Cameraperson?
Whilst the Director of Photography designs the lighting, framing and camera angles of each shot, and the Camera Operator is busy moving the camera to follow the scene, the First Assistant Cameraperson is responsible for focusing and refocusing the shot, always getting a clear image of the action.
What is a Script Editor?
In order to realise the full potential of a screenplay, the Screenwriter and the Producers have to reach compromises that fulfill both the creative and commercial needs of the two parties. Script Editors are the individuals who mediate this process.
Starting out as a freelancer can be a daunting process, not least from a financial perspective. We’ve partnered with Crunch, who offer specialist accounting services for freelancers, to help guide you through the maze. In this article, we’ll take a quick look at pay and tax for freelancers working as sole traders.
How do I pay myself as a sole trader, and how much should I put aside for tax?
You don’t need us to tell you that everyone loves to get paid. When you’re a sole trader, though, what sounds like a simple concept can get a little tricky.
As far as the law is concerned, there’s no legal difference between you and your business when you become a sole trader. You receive the income and you pay the expenses – including the tax liability, which you pay as an individual. That’s why we always recommend you put some money aside to pay your taxes, as HMRC have very strict deadlines.
So, how much should you be putting aside for tax, and how do you go about getting your hard-earned cash from your business into your pocket? Let’s explore.
What is a Casting Assistant?
Being an industry based on connections and experience, roles such as Casting Assistant can be a very good way in, offering a good chance of career progression without excessive responsibilities. As such, the role of the Casting Assistant is considered an entry-level role. This role is considered the perfect route to becoming a Casting Director.
What is an Art Director?
The Art Department is the biggest department in most productions, in terms of crew members, costs and workload. The Art Director leads the department by realising the vision of the Production Designer.
On feature films, the Art Director is the ‘Project Manager’ of the Art Department. Appointed by the Production Designer, they are responsible for the whole Art Department crew. On TV productions they can also handle scheduling and budgeting operations, whilst the roles of Art Director and Production Designer are often combined in smaller productions.
What is a Production Coordinator?
The production office, taking care of all the administrative side of films and TV production, is run by the Production Coordinator, who acts as a reference point for the rest the crew before and during production.
A Videographer is the person behind the camera, shooting all types of productions and events. In this article, we will be discussing the key skills of a Videographer and how you can become one.
What is a Script Reader?
In order to evaluate and assess the suitability of a script to be produced, some companies, especially those involved in the funding process, employ Script Readers to provide objective opinions on new proposals. In this article, we will be discussing the role of the Script Reader and the key skills you will need to become one.
What is a Prop Maker?
Prop Makers usually work for film, TV or theatre productions. As a Prop Maker you will be responsible for making a variety of items. This could be anything from replica weapons to trees.