| It's a generally accepted fact the 'mobile DJ' isn't | | | | DJ profession, it can be terribly cut-throat! |
| perceived in the same way as other 'trades' and | | | | From as far back as the early 1990's, there were |
| professions, but that is's likely due to a number of | | | | reports of DJs being reported to the Tax man for |
| factors which can not entirely be addressed in one | | | | avoidance of paying their way - by envious or upset |
| article alone! | | | | DJ competition! |
| What I am going to cover in this article is 'legality' of the | | | | Although not a very good idea to talk about your |
| operating mobile DJ, and how it is a much better option | | | | turnover and money standing overtly, there are those |
| than operating 'illegally'. | | | | that have not learned the art of pro subtlety or what |
| Tax | | | | amounts to having a good business sense! |
| There is little worse than the bite of the Tax Man as I | | | | Music Piracy |
| was once told! When they dig their teeth and claws | | | | It's not just avoiding to pay Tax that pulls attention. |
| into your private life, they're tough to shake off. | | | | Music piracy is not doing the industry any good, so |
| But what attracts the Tax man in the first place? | | | | measures have been brought to put pressure on |
| If there are a collection of dead ends, discrepancies in | | | | people who select to exploit the artists, singers, |
| bureaucracy or 'odd figures' on file - all these gain the | | | | composers, song writers and musicians by not |
| attention of the income investigative arm to start off | | | | purchasing music, who instead pirate |
| with!the clear course of action would be to change | | | | music.unfortunately , whilst the majority of professional |
| bad business practice and make it good. | | | | DJ services in the United Kingdom would opt to use |
| Nobody announced a sole trading DJ needed to be a | | | | good sound quality recordings of music, there are |
| great accountant! There are easy steps that may be | | | | numerous avowed 'professionals' using low quality |
| followed in business practice that can help even the | | | | mass produced bootlegged material. |
| most fretful or frightened individual when it comes to | | | | The music licensing companies have introduced a |
| dealing with cash or figures.in truth, if you have got a | | | | license for people that wish to convert their tracks |
| business checking account, you can set up an account | | | | from one media format to another ( ProDub Licence ) |
| that offsets cash into another account which really | | | | however [*COMMA] this is levied on quantities of |
| gives a little interest! | | | | tracks vs the particular tracks copied, and so questions |
| This cash can be employed to pay off any Tax that | | | | if the license is nothing less than a money generating |
| you can owe at the end of the year, and is worth | | | | exercise than an honest to goodness reward for the |
| discussing with your bank confidant or manager at the | | | | composer and artist of the track/s 'format shifted'.the |
| earliest opportunity. | | | | base line, if you legally download music from a UK |
| So by example, if you deposit £100 into the account | | | | source ( if you need mp3 format ) then you don't need |
| which are earnings from the disco service, a % can be | | | | the license. If you buy music CDs from the shops or |
| offset into the other account. | | | | online thru UK sources, you do not need the |
| This account might be referred to a 'Business Call | | | | license.now, under UK law, you are required to |
| Account'. | | | | purchase the ProDub license if you format shift your |
| The figure you offset can be organized to be a fixed | | | | music. Your details will be kept on the music licensing |
| amount or a percentage. Ideally, you will need to talk | | | | corporations database, and you sign consent for a |
| about this in finer detail with the bank confidant who will | | | | home visit / inspection of your PC kit at your home. |
| work with you to ascertain an agreeable figure based | | | | The cards also have the general public liability details |
| on the level of revenue into your account, spending via | | | | and will shortly include more info such as movable |
| Direct Debits, etc . | | | | Appliance Test expiry and registrations to 3rd party |
| Something else worth considering about Tax is when | | | | organisations, including those that need |
| you're needed to sign bureaucracy by the paying | | | | ProDub.eventually, the choice is yours. In my opinion, |
| location or company client who then have to submit | | | | operating legally is the best option as the fines imposed |
| the paperwork to their accounts and 'perusal' by the | | | | on someone caught avoiding Tax or using pirated |
| Tax man! | | | | music isn't a nice choice at all! |
| Competition | | | | . |
| Competition is good for any line of business but in the | | | | |