PRB have developed a number of services to assist Network Marketing distributors fulfil their accounting and taxation obligations:
- for distributors starting in the business - the Helpline Service is priced at £295 inclusive of VAT. This includes the provision of a customised spreadsheet, the preparation of year end accounts, the preparation of taxation computations and the preparation of self assessment tax returns;
- for distributors with more developed businesses - the Premium Service priced at £445 inclusive of VAT. Distributors can send in all of their books and records at the year end and we will compile the accounts from those records, prepare tax computations and prepare the self assessment tax returns;
- for distributors with large businesses - the Outsource Service where prices start from £725 inclusive of VAT depending upon the size of the business. This service includes a fully outsourced bookkeeping service, preparation of VAT returns where necessary, the preparation of year end accounts, the preparation of taxation computations and the preparation of self assessment tax returns.
The key features of the Helpline Service are as follows:
- provision of a spreadsheet to enable distributors to record their transactions on a monthly basis
- preparation of year-end accounts
- preparation of tax computations
- preparation of Personal Tax Returns
- preparation of Partnership Tax Returns (where applicable)
The annual cost of The Helpline Service is only £295 (inclusive of VAT).