Only Fans and VAT !

Many Only Fans models or content creators can earn a lot of money very quickly and can find themselves exceeding the VAT threshold without knowing it.

VAT becomes payable based on your turnover and not your profit. So depending on the level of your income, you may need to register for VAT.

If you have not carried out the necessary checks of your turnover and find that you should have registered some time ago, we can help you with this.

Late registrations for VAT can be difficult to navigate but we can do all of this for you and negotiate with HMRC to establish both the effective date that you should have registered, calculate the VAT due, file future returns and if necessary speak to them about a time to pay arrangement in instalments.

You will also need to use some form of digital bookkeeping system and we can provide you with this and train you on how to use it simply. If you think you have exceeded the current threshold of £90,000 in the last 12 months then contact us and we can help you with this.

Call Andy Rusling on 07879 464577, Lindsay on 07584 706664 or email us for a prompt reply.