markouk
Posts: 22
Location: United Kingdom
Registered: 14 Nov 2011
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UK self-employed VR Photographer (need advice)
Posted: 14 Nov 2011 at 13:23 GMT
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Hello guys!
I'm based in UK, Norfolk county. I'm trying to turn my hobby into my small business and feel myself confident. I also have full time job, but also I have a 4 days off. The question I want to ask you today, how legally register this business in UK? And what is your experience working as a self-employed?
Is it possible to work without registration in revenue as self-employed? And whether you need to have a VAT registration? Actually I from eastern Europe and don't know very good UK laws...
Many Thanks!
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Tactus 360
Posts: 1245
Location: Tynset, Norway
Registered: 2 Sep 2010
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Re: UK self-employed VR Photographer (need advice)
Posted: 14 Nov 2011 at 14:00 GMT
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The first part of your question:
You can register your company with Companies House in London.
Second part: No idea.
Third: Not sure what you mean.
You need to register for VAT if you earn over a certain amount from the company per year; I think the limit in the UK is £50,000, but my memory could be wrong there. One thing is certain: if you are not registered for VAT, there will be few who will take your new company at face value. It is wise, if you think you can make a living from this, to be so registered.
Jon
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badders
Posts: 384
Location: East Kilbride, United Kingdom
Registered: 5 Dec 2007
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markouk
Posts: 22
Location: United Kingdom
Registered: 14 Nov 2011
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Re: UK self-employed VR Photographer (need advice)
Posted: 14 Nov 2011 at 17:44 GMT
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Many thanks for yours respond !!! Really useful links 
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hindenhaag
Posts: 729
Location: Netherlands
Registered: 7 Mar 2010
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Re: UK self-employed VR Photographer (need advice)
Posted: 14 Nov 2011 at 18:24 GMT
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Andrew knows basics about a lot of things.
And following him up since some years, he would be my top UK reseller. Why?
Great basic knowledge, customer service and and neutral information about equipment about different branches.
My personal statement.
Regards,
Heinz
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VTS360Net
Posts: 10
Location: Littleborough, United Kingdom
Registered: 5 Apr 2010
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Re: UK self-employed VR Photographer (need advice)
Posted: 14 Nov 2011 at 18:31 GMT
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Hi Mark,
My advice would be "dont give up the day job"
Its a tough world out there in any line of business. The UK Market is over saturated with "virtual Tour photographers" often franchisees of established companies all hoping to make a living. The market is in the deepest recession for generations.
www.360Virtual-Tours.net has been providing virtual tours for over 6 years and its still tough.
All the best of luck.
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esub
Posts: 71
Location: United Kingdom
Registered: 5 Jul 2011
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Re: UK self-employed VR Photographer (need advice)
Posted: 14 Nov 2011 at 22:30 GMT
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Registering for VAT means you save 20% on the cost of new equipment related to your business (computers, stationery, cameras, lenses).
If you become self-employed, you have to register such within 3 months (?) or you get a fine.
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Paul Thomas
Posts: 133
Location: Sunny South East UK, United Kingdom
Registered: 7 Nov 2007
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Re: UK self-employed VR Photographer (need advice)
Posted: 16 Nov 2011 at 14:16 GMT
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esub said: Registering for VAT means you save 20% on the cost of new equipment related to your business (computers, stationery, cameras, lenses
It also means that if you do the above, ALL equipment is property of the company and not owned by you privately.
If you sell on the company and wish to keep the equipment, you privately then have to pay the VAT back to HMRC.
Been caught out on that one myself 
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