Webcam Model Tax Deductions

[serendipity2]

Hi,
My daughter recently became self employed as a webcam model and we would like to know if the 30% admin fees, which the online company take from her, are tax deductable? Thank you in advance.

[Canary42]

It seems that you can claim allowance - see here :-
http://www.hmrc.gov.uk/incometax/relief-subs.htm




But the company has to be "approved" by HMRC. See here :-
http://www.hmrc.gov.uk/list3/index.htm

[Canary42]

But to be absolutely certain, I suggest you ask HMRC direct.

[serendipity2]

Thank you for your help.

[kash1]

Check out this tax and NI calculator for self employment (sole trader) which allows you to enter expense http://iknowtax.com