VAT and COPYRIGHT
The Threshold for Vat currently stands at £85,000 p.a. TURNOVER.
Photography tends to be a high profit margin form of business, (Once you have purchased your equipment, there is only small residuals, no purchases of raw materials, etc.) so I’d say I would be on £65,000 profit before VAT became an issue. Happy Days.
The basics of VAT are you must charge an extra 20% on top of your rates. This would all be dealt with by my accountant.
Copyright is an important issue.
You own the copyright the moment you click the shutter (Or activate the scanner, etc., etc.).
Breach of copyright is a fearsome threat to businesses, as they’re never quite sure how much they will lose in a case, so they tend to be more stringent…
The stealing of images from FB, websites, or elsewhere by individuals is more rampant, with the “right-click” brigade the most common problem.
A problem I saw, when researching “copyright” is companies offering to “Protect your work” for a fee. This is unnecessary, but seems to be a profiteering scam set up by many places/
All you really need to know (In the UK) is here:
Well. Here goes. Nothing ventured, nothing gained.