Taxes
What are the dates of the beginning and end of the tax year?
April 6th - April 5th
How many people does Equity represent?
47,000
How do Agent's make their money?
£12,500
How much income can you earn before being taxed?
What was Calum's top Tax Tip?
Record Keeping!
What does PAYE mean?
What are the two main things Equity pushes for?
Pay Rates and Working Conditions
What rate, roughly, would a co-op's commission be?
12%
An Agency where actors collectively own and operate the business.
What is a Co-Op Agency?
In the Taxes section, what did Calum describe as Good News!
The first £12,500 you earn is tax-free.
What is the deadline for submitting your Self Assessment?
January 31st (the year following the end of the tax year)
What kind of organisation is Equity?
A Trade Union.
What is an Agent's job?
To represent you in the industry and to get you seen for roles.
Wholly and exclusively incurred in the performance of business.
What is the definition of 'Expenses'?
Relating to Taxes, what did Calum describe as "Easy!"
You only submit two things for your self assessment: Earnings and Expenses.
What is the deadline for registering as self-employed, and how much money must you earn before you need to?
October 5th (6 months after the end of the tax year) and £1,000
How much is a Student Equity Membership?
£25 / year
What are the main two differences between a co-op and an agent?
In a co-op your agent(s) are other actors and you, and the agency is not-for-profit.
20%
The rate an agent roughly takes on commissions, AND the approximate amount of tax for people earning under £43,662
To the nearest hundred, how many words did Calum type up into this handout for all of you lovely people?
1,800 (1,784)
What are the two things you need to submit for your Self Assessment?
Earnings and Expenses.
Name 3 things Equity does for you?
Public Liability Insurance
Agreed Rates of Pay and Working Conditions
Contract and Agreement Templates
Free Legal Advice & Representation
Guidance
Support and Counselling
How do you get an agent? (Name 3 of 6 options)
Send headshots with a CV.
Write a personalised cover letter.
Make a demo reel / show reel.
Invite them to a show you are performing in.
Submit your application to them.
Attend an interview.
£20 million (or £2 million for students)
How much public liability insurance does Equity provide its members?
When is Calum's Birthday?
December 26th