13 Apr 2022 | Network marketing
Running a Network Marketing business brings with it tax and accounting obligations. Regardless of whether you use an accountant to handle your affairs, or whether you manage them yourself, you may come across some unfamiliar terminology. Here, we explain what some of...
29 Mar 2022 | Network marketing
If you’re considering pursuing an opportunity in Network Marketing, you will sooner or later come across an organisation’s compensation plan. Compensation plans are essentially the framework according to which you’re going to get paid. As we’ve explored before in a...
4 Feb 2022 | Network marketing, Self assessment
The January deadline has been and gone and if you’re one of the 2.3 million taxpayers who haven’t submitted their 2020/21 tax return as of yet – don’t panic. Extended deadline Earlier on in the year, HMRC announced that they would be waiving late filing penalties for...
14 Jan 2022 | Network marketing
Do you have New Year’s Resolutions? The start of a new year is the ideal time to pause and reflect on what is and isn’t going so well for your Network Marketing business. Whether you’re new to Network Marketing or are an established distributor, it’s always worth...
7 Dec 2021 | Network marketing, Self assessment, Tax
Making Tax Digital, or MTD for short, may have fallen under the radar since the COVID pandemic hit, but the government’s drive towards digital tax records and digital returns is still pressing ahead, albeit at a slower pace than initially outlined. Here, we look at...
12 Nov 2021 | Network marketing
We catch up with Amway business owner Trevor Lowe to find out more about his journey in Network Marketing and working with PRB Accountants. PRB: Hi Trevor, tell us a little bit about your professional background and how and why you got into network marketing. I am a...
