As an entrepreneur you can increase your chances of making the right decisions and succeeding once you understand the basic concepts of some business-related subjects such as Economics, Marketing, and Operational Management, among others. Finance and Accountancy are crucial business subjects to be learned. In my opinion, all business subjects have the same value. That

PAYE or Pay As You Earn Scheme is HM Revenue and Customs’ (HMRC) system to collect Income Tax and National Insurance from employment in UK. Any business which intend to employ staff under Employment Contract (written or verbal agreement) needs to register for PAYE scheme before preparing the first payslips for their employees. They need

There’s no secret formula for you to follow to start up your own business. At least, I never saw one. I think it’s fair to say that when we break down any process into different phases, it helps us explain how that process works. For this reason, I like to divide the business creation process

National Minimum Wage Communication   As you may or may not know, every April a new financial year starts in the UK, and with it comes several updates in taxes, contributions, allowances, so on… The National Minimum Wage (NMW), the minimum hourly rate that almost all workers in UK are entitled to, is part of

MTD will change the way you manage your business. Get in touch for more info about how we can help you move to online accountancy seamlessly: 0207 328 8338 or info@verticeservices.com

I’ve always wanted to write about this business issue. Over the last 10 years, I’ve suffered from busyness, especially as my business has grown and more and more colleagues have joined our team. In my 20s, I read a lot of business books which taught that to build a successful business, you had to find

In the last 10 years, I have been asked the question “Should I still persist in my business?” a couple of thousand times. Having participated directly in the startup of many businesses, both in the UK and overseas – and indirectly, in another hundreds more around the world – my opinion is that there is

I learned how to play draughts when I was 7 years old and I’ve been fascinated with the game ever since. Draughts is a board game for two players. It involves diagonal moves of uniform game pieces and compulsory captures by jumping over opponent pieces. It is a strategic game – luck does not affect

Fake ‘HMRC’ tax refund emails are once again flooding inboxes. We’ll show you how to spot a fake tax rebate email. According to Wikipedia, “Phishing is the attempt to obtain sensitive information such as usernames, passwords, and credit card details (and money), often for malicious reasons, by disguising as a trustworthy entity in an electronic communication“. And the time when bogus emails were poorly

The basics of VAT Value Added Tax (VAT) is a widely used term in the business world, but a few people understand how it works or where it is applicable. In simple terms, VAT is a consumption tax levied on the sales of products or services. It is termed as an indirect tax since businesses

Do you know whether or not you need to submit your tax return? So you better check it out before you miss the deadline.

On 22nd November 2017, the Chancellor Philip Hammond delivered the Autumn Budget 2017. Mr. Hammond tried to send a positive message during his Budget speech, but his announcements particularly did not convince ordinary people who have been affected by Brexit long period of uncertainty. Any product or service being sold in UK is becoming more