Richard –
I think you can only rotate the image and re-save it, in a separate photo-faffer such as MS 'Photo'. It catches a lot of users out, including me a couple of times.
The millers in a printing-machine factory where I once worked, made slightly similar tapping devices, but theirs used a plate to which was screwed a pair of blocks.
The spindle with similar handle worked through one, the chuck was in the central space and the tap passed through a hole in the second block which thus acted as the work-piece thrust-face.
The base-plate was simply held in a bench-vice or the milling machine-vice.