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Keep income records so you can review earnings, deductions and payouts. You may need to report your income and pay tax, depending on your circumstances and tax residence. A platform payment statement does not settle your tax position.
Income records for UK-based models
Read HMRC’s guidance on working for yourself to understand when you may need to report income. Ask HMRC or a qualified accountant if you are unsure about your status or registration requirements.
Keep statements and receipts
Retain records of income, platform and studio deductions, payouts, currency conversions and relevant business expenses. Keep the statements and receipts that support those figures.
See HMRC’s record-keeping guidance for official information.
If you live outside the UK
Check the rules with your local tax authority or adviser. Our accounts team can help explain your Strictly Models statement, but your tax obligations depend on your own circumstances.