13 Jul 2021 | Network marketing
Let us start off by saying that not everybody needs an accountant and there are many business owners who are perfectly happy managing their tax returns, bookkeeping and annual accounts themselves. If, however, you are reading this because you are toying with the idea...
11 Jun 2021 | Network marketing
An area that leaves many Network Marketers stumped is which trading style or business structure they should go for when setting up their business. When we talk about trading styles, we mean the legal structure of an organisation. There are 4 main types in the UK, and...
7 Apr 2021 | Network marketing
You may have heard the term ‘tax year’ used before, but what exactly is it, and how does it affect you as a Network Marketer? Well, the date is important because it has an impact on how you manage and organise the financial affairs and accounts for your Network...
18 Mar 2021 | Network marketing
Earlier this year, the UK’s Supreme Court gave its judgment in the Uber worker status test claim. It ruled that the 25 Uber drivers that brought the case in 2016 are not independent contractors but are deemed workers and therefore entitled to minimum wage and holiday...
12 Mar 2021 | Network marketing
Many Network Marketers start out in the industry by using the products or services of a particular organisation for themselves. They might sign up as a distributor because it gives them access to discounts on products that they like using themselves. Over time, some...
10 Feb 2021 | Network marketing, Self assessment
At this time of year, we usually get some panicked phone calls from business owners and taxpayers who realise that the self-assessment tax return deadline has now passed, and they haven’t filed their personal tax returns by the 31st January deadline. We know that life...
