Has your business in the UK been financially affected by Coronavirus (COVID-19)? What kind of support is available to you?
On 11th March and on 17th March 2020, The Chancellor has announced a package of temporary measures to support businesses, especially small and medium Enterprises. Follow below a summary of these support measures: Statutory Sick Pay (SSP): The government will allow Employers to reclaim Statutory Sick Pay ( SSP) paid for sickness absence due to […]
How coronavirus (COVID-19) affects small and medium-sized enterprises and how to respond
All businesspeople around the world are concerned about how the coronavirus will impact their businesses. Small and medium enterprises situated in UK are no different. I’m not a doctor and I don’t know anything about virus pandemics, but what I know for sure is that sales disruptions in any business can have bad financial consequences. […]
Vertice Services guide on how to start your own business – all you need to know
This is the kind of post that you will save in your favorites to read in bits as it will help you to digest the content. You can also come back later and revisit it as you start and grow your business. The content of this guide is the product of over 10,000 consultations and […]
Important notice: New VAT Flat Rate Scheme
From April 2017, HMRC has announced significant changes for the amount of VAT that many small businesses will have to pay in UK. This will affect vast majority of businesses that use the VAT Flat Rate Scheme but spend very little on goods, including raw materials such as companies providing services to their clients. The […]
How to read and understand a set of accounts
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 […]
HMRC IS CLOSING THE NET ON TAX DODGERS
This HMRC advert is one of many the government has placed in public spaces. This initiative is called “HMRC is closing the net on tax dodgers”. The message is clear: ‘We are coming after you if you don’t pay your taxes’.As soon as I arrived in the cinema I went to buy myself popcorn and […]
GOVERNMENT SPENDING: WHERE DOES YOUR TAX GO?
Do you know how the government has spent your money? Do you think the UK government has spent your money in a fair and effective way? These are important questions which we should all know the answers to.In January, we received a lot of calls from our clients regarding a letter they had received from […]
Are you busy? You should close your office door
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 […]
How can you know when you need to stop being persistent and give up your business?
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 […]
7 ways that playing draughts can make you a better businessperson
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 […]
