- Original Poster
- #1
Hi there everyone, Im new here so please go easy on me 
I currently work part time in the entertainment industry and I've succesfully linked talent with agents in the past and have decided to put my skill on the line and make some money out of it.
I plan to still work part time, go to acting classes etc but also start up my own agency as well. This is'nt something I can do on a self employed basis as I wont be taken seriously. I will basically make 10% from talents earnings that will be on my books, but if I dont place people in jobs I make nothing. I dont expect to make a huge amount of money from this in the first year and Im sure there will be weeks/months when I make absolutely nothing. So basically my question is in several parts:
1. What type of business should I register as?
2. In this type of business what are my tax implications if I make nothing?
3. With this type of business can I add myself to the client books? (as I mentioned I act too ) it would be nice if I could find my own work and market myself under the company name.
Thanks in advance for all your help
I currently work part time in the entertainment industry and I've succesfully linked talent with agents in the past and have decided to put my skill on the line and make some money out of it.
I plan to still work part time, go to acting classes etc but also start up my own agency as well. This is'nt something I can do on a self employed basis as I wont be taken seriously. I will basically make 10% from talents earnings that will be on my books, but if I dont place people in jobs I make nothing. I dont expect to make a huge amount of money from this in the first year and Im sure there will be weeks/months when I make absolutely nothing. So basically my question is in several parts:
1. What type of business should I register as?
2. In this type of business what are my tax implications if I make nothing?
3. With this type of business can I add myself to the client books? (as I mentioned I act too ) it would be nice if I could find my own work and market myself under the company name.
Thanks in advance for all your help