Earnr AI, your new tax assistant, is here. Check it out now!
Stressed by tax?
Get Earnr Pro
September 8, 2022
September 8, 2022
Self employed

How to become an OnlyFans creator

Anthony Allen
Anthony Allen
How to become an OnlyFans creator.
Earnr is the finance and tax companion for the self-employed and side hustlers. We give you more time to run your business. Download Earnr for free on iOS. Need tax advice now? Ask Earnr AI, our new AI tax assistant

OnlyFans is an internet content subscription service where creators earn money mainly from “fans” subscriptions, but not only. In fact, they can also receive tips and offer pay-per-view content.

Founded in 2016, OnlyFans counts already more than 2 million creators and 205 million registered users. What differentiates this platform from the others, let’s say Instagram, is that it allows creators to share explicit content, which represents one of the biggest strengths of the app. In 2021, OnlyFans tried to ban explicit content from the platform, but due to major backlash from creators and subscribers, this decision was abandoned after a few days. However, you can find many other types of content on the platform, such as physical fitness exercises or musicians’ unpublished content, and much more.

How can I become an OnlyFans creator?

The process to register a profile on the platform is fairly easy and free. Moreover, neither you nor your fans are required to sign any kind of contract. Note that due to the explicit content, you need to be 18+ to create an account.

To sign up, you need to insert your email, create a password and provide OnlyFans with your ID (this is a precaution to avoid minors using the platform) and bank details to be able to receive money from your subscribers.

As a second step, you’ll be required to choose your subscription rate, which subscribers will need to pay before being able to access any of your content. Don’t worry if you aren’t sure yet, you can always change it later!

However, note that Onlyfans has a minimum and maximum amounts you can charge for your subscription:

You can also decide to offer content for free, giving access to your fans without an initial paywall. Even in this case, you can still monetize with other features, such as the pay-per-view ones and more.

At this point, you’re ready to go! You just need to start creating content and attracting subscribers by promoting your account.

How to increase your fan base?

If you want to earn that extra money with your OnlyFans, it’s important that you attract as many people as you can on your profile, enticing them to pay for your subscription.

Here are some tips on ways to promote your account:

How much can you make on OnlyFans?

On average a novice OnlyFans creator makes around $150 (£130) per month. But don’t get discouraged! According to Statista, which researched the highest monthly earnings of OnlyFans creators in 2021, the top creator earned $20 million per month! Seems a long shot? According to EarthWeb, top creators make on average $100,000 per month.

When choosing your rate, remember that OnlyFans takes 20% of every user’s transaction. Therefore, for example, for every £10 transaction, you’ll receive £8.

Another way to increase your revenue on OnlyFans is referrals. In fact, if you’re an established creator who refers someone to the platform, you’ll automatically receive 5% of their profits for the first 12 months up to $1 million. Don’t worry, the money isn’t taken directly from the referee, it’s OnlyFans that pays them.

How does tax work with OnlyFans?

If you make more than £1,000 with subscriptions and any other paid content, you’ll need to pay tax on it. In which case you should register as having a self-employed income with HMRC.

Even if it’s a side hustle and you have a full-time job that is being taxed through PAYE, your total income (including your OnlyFans income) will need to be taxed.

You can read more on how to complete your self-assessment tax return in this Earnr article.

The usual cut-off date to complete your self-assessment is the 31st of January if you’re doing it online, and the 31st of October if you’re completing the form by post.

The tax bands for OnlyFans income is the same as any other occupation:

You can read more about tax bands, how they work, and what a personal allowance is in our blog post here.

How can Earnr help?

Earnr makes self-employed bookkeeping easy, so that you can spend less time worrying about this kind of stuff and more time growing your business.

You can separate your business transactions from your personal ones, track your expenses and get a real-time tax estimate so you know whether or not you need to submit a tax return. Learn more and download Earnr here.

Blog Home

Related blog posts

decorative image of a blog

Submit your 22/23 Tax Return Before January 31st

January 31st is the deadline for submitting 2022/23 tax returns. It's a good idea to complete your tax return ahead of this deadline to avoid mistakes and potential penalties. This article shows why its a good idea to submit your tax return early and how Earnr can help you if you are stuck.

Read more
decorative image of a blog

We asked Earnr AI why you should use Earnr…. here’s what it said…

We recently introduced our newest addition to the Earnr team; our AI chat bot, Earnr AI. In this article we put Earnr AI to the test and asked it why you should use Earnr as your tax companion, bookkeeping tool and tax return assistant. Read it's excellent response!

Read more
decorative image of a blog
December 20, 2023
Tax essentials

Why should you submit your tax return over the Christmas period?

The festive period is often thought of as the busiest time of the year with the run up to Christmas and New Year. Whilst this period can feel hectic at times, it can also be seen as the perfect time to complete your tax return. In this article we explain why this Christmas time is the best time to submit your 22/23 tax return.

Read more
Earnr logoDownload earnr