GENERAL SERVICE AGREEMENT

THIS GENERAL SERVICE AGREEMENT (the "Agreement") is dated this Date of the subscription today.

CLIENT

CONTRACTOR

The Accountancy Franchise Ltd (Company No. 14022964)
8 Devonshire Squire, London, EC2M 4YJ,
United Kingdom 

BACKGROUND

A.   The Client is of the opinion that the Contractor has the necessary qualifications, experience and abilities to provide services           to the Client.

B.    The Contractor is agreeable to providing such services to the Client on the terms and conditions set out in this Agreement.

IN CONSIDERATION OF the matters described above and of the mutual benefits and obligations set forth in this Agreement, the receipt and sufficiency of which consideration is hereby acknowledged, the Client and the Contractor (individually the "Party" and collectively the "Parties" to this Agreement) agree as follows:

SERVICES PROVIDED

  1. The Client hereby agrees to engage the Contractor to provide the Client with the following services (the "Services"):

    • Name of the course

  2. The Services will also include any other tasks which the Parties may agree on. The Contractor hereby agrees to provide such Services to the Client.

TERM OF AGREEMENT

  3. The term of this Agreement (the "Term") will begin on the date of this Agreement and will remain in full force and effect until the completion of the Services, subject to earlier termination as provided in this Agreement. The Term may be extended with the written consent of the Parties.

  • Bookkeeping Online Training will be 8 weeks of online training.

PERFORMANCE

  4. The Parties agree to do everything necessary to ensure that the terms of this Agreement take effect.

CURRENCY

  5. Except as otherwise provided in this Agreement, all monetary amounts referred to in this Agreement are in GBP.

PAYMENT

  6. The Contractor will charge the Client for the Services as follows (the "Payment"):

 

  • The fees for the Bookkeeping Online Training Course will be financed in 3-month equal installments:

  • The first instalment will be £339.66 GBP and it will be paid on 25th of March 2022

  • The second instalment will be £339.66 GBP and it will be paid on 28th of April 2022

  • The third instalment will be £339.66 GBP and it will be paid on 30th of May 2022

        Should be changed based on the price option*

 

7. Invoices submitted by the Contractor to the Client are due upon receipt.

8. The Contractor will be responsible for all income tax liabilities and National Insurance or similar contributions relating to the          Payment and the Contractor will indemnify the Client in respect of any such payments required to be made by the Client.

9. The Contractor will be solely responsible for the payment of all remuneration and benefits due to the employees of the                  Contractor, including any National Insurance, income tax and any other form of taxation or social security costs.

REIMBURSEMENT OF EXPENSES
10. The Contractor will be reimbursed from time to time for reasonable and necessary expenses incurred by the Contractor in connection with providing the Services. 

11.  All expenses must be pre-approved by the Client.

INTEREST ON LATE PAYMENTS
12.  If the Client goes beyond the repayment period, the Client will pay admin and legal fees of £300.00 GBP added on top of the balance and the Contractor will be obliged to start the legal process. 

13.  Interest payable on any overdue amounts under this Agreement is charged at a rate of 6.00% per month. 


CONFIDENTIALITY
14.    Confidential information (the "Confidential Information") refers to any data or information relating to the business of the Client which would reasonably be considered to be proprietary to the Client including, but not limited to, accounting records, business processes, and client records and that is not generally known in the industry of the Client and where the release of that Confidential Information could reasonably be expected to cause harm to the Client.

15.    The Contractor agrees that they will not disclose, divulge, reveal, report or use, for any purpose, any Confidential Information which the Contractor has obtained, except as authorised by the Client or as required by law. The obligations of confidentiality will apply during the Term and will survive indefinitely upon termination of this Agreement.