New Recovery loan scheme(RLS) : Supporting your business following the pandemic. (You can apply up to 31 December 2021, subject to review.)

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Are you looking for finance ? Vertice Services can help you.  I am writing to let you know that a new loan scheme known as the “New Recovery loan scheme)” was launched on  06/04/2021. The initiate objective is to provide further support to protect businesses and jobs.  The scheme provides the lender with a government-backed 80% guarantee against the outstanding balance of the […]

How to read and understand a set of accounts

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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 […]

The Basics of PAYE (Pay As You Earn)

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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 to […]

How does the business creation process work?

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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 […]

Are you busy? You should close your office door

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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 […]

7 ways that playing draughts can make you a better businessperson

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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 […]

What is VAT?

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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 […]