This is the next step up where DJs begin to get noticed, either thanks to their style, getting the music right, or more likely, having the right contacts. Press coverage helps a lot, getting your name known by the right agents will get you some good work, but probably not reliable or regularly enough to rely on as a full time job.
Gigs: These are beiginning to pay anywhere from £350–£2000 per gig, depending on how well you have been able to develop your name, your overall profile and how big the clubs are that you are now playing in. Obviously, the smaller size clubs cant afford to pay a DJ too much - it all boils down to what the club can get back , which is invariably going to be on the wet sales - the bar take. You should however now being working at least twice each weekend.
Income - £50,000 a year
Expenses: At this level the club owner or the promoter will probbably be picking up your bar tab and the costs of your appearing - transport and accomodation. Your fee for the gig should therefore be all profit, but you may be having to pay an agent.Youi need to figure on 10% or even 20% of fees.
You may have increased your spending now on more music as you cant afford to be left behind the curve - you need to be ahead of it. You should now be receiving promotion copies and demos of other DJs mixes and they will be free; just keep the record labels up to speed with your gigs and cerrer so they are aware of you.
Music costs £50 a week £2500 a year
Extras: smaller label might sign you up for mixing, + £5,000
Annual Income £50,000–£150,000
WARNING.
When you're earning a lot from your business, you MUST look at it in a business-like manner. You need to keep records of your earnings and your expenditure. You are likely to have to pay VAT as soon as your ANNUAL earnings look like approaching the VAT threshold, which is currently £85,000 a year. Don't be tempted to not pay over VAT, as the taxman will come down VERY heavilly on you. But dont worry, as VAT is charged on top of your fee, that's why its called Value Added Tax.
Promoters and venues don't mind paying VAT, as they get it back from their own input tax. Similarly, you can set any VAT you have to pay, such as for hotels, records, etc, against the VAT you need to pay over to the VAT man. The best thing to do is have a book-keeper or accountant look after this for you - expect to pay them about £2,000 a year, depending how well you keep the financial records yourself. They will probably be able to save you that anyway as a good accountant will know all the tricks, and how to save tax.
Annual income (before tax) £600k –£1.25 million