Any financial advice regarding possible Kickstarter project?

Jj13

(not sure if this is the right place to post this, sorry!)

So, I haven't done a tonne of research as of yet, however I had a couple of questions regarding the website Kickstarter (as I can't find any information anywhere!). I have a project in mind that I would like to start gaining funds for through Kickstarter (a bit of an insight to Kickstarter haha: I set a target amount of money I would like to raise within a certain timeframe and if people want to, they donate x amount. At the end of the timeframe if I have reached the target, I get paid the full amount- minus 8% to Kickstarter- into my bank account).

Okay, so my questions are;

1) Would I need to register as self employed? without giving too much away, my project would involving working with a few of my friends on a photography project and at the end (of said 'project') we may decide to sell prints of the work, or try to exhibit the work, maybe even create a book (as I say, early days yet haha).
2) Would I need to declare the money (the amount that would be put into my bank account)?
3) If I were to use the money to pay friends for their time on the project (don't know a better way to put that), what would I have to do regarding this? Just transfer the money into their bank account, or again, would I have to declare this?

This project is only for a bit of fun, but because there's money involved, obviously I want to make sure everything's legit haha:D

sdb1

First you need to double check that your project would be allowed and meets kickstarters criteria. Usually at the end of the funding there needs to be a finished product that your backers can buy. (unless this has changed)

i tried a kickstarter project once that was for a business service, so doing custom items online etc etc. it got turned down because it wasn't a final finished product

so from what i am guessing, you are raising the fund to do the project, and then at the end of the project maybe sell the items?

if i am correct, maybe a site like gofundme may be better suited?

i am not sure too much on number 2

3) again, i dont think you can use kickstarter to pay wages, unless they were selling you the service that helps your end project.

without giving too much away about your project, what would a backer. (say myself) get for lets say £25 i have backed and in 3 weeks time your project is fully funded. would there be a item that i receive at the end of it?