First and foremost, the UK boasts of having the highest VAT registration threshold in the EU and OECD. According to government figures, the £85,000 threshold means around 3.55 million small businesses avoid having to be VAT registered. Businesses that are registered for VAT can apply for VAT deregistration, if their annual turnover falls below the…

 

Unfortunately, the answer to this question isn’t as straightforward as you might think. The way in which it makes the most sense for you to take money out of your company may not be the same for another business. Consideration must be given to many factors, including the personal federal and provincial/territorial tax rates where…

 

Working nights is a common part of the modern business world, with at least 12 percent of the British workforce in such roles. Within the last five years, there’s been a 150,000 increase, the Trades Union Congress confirms. ‘Night’ is more or less the period between 11.00 pm and 6.00 am. You can agree with…

 

Yes, there is VAT on cleaning products in the United Kingdom. Cleaning services, including the materials used (e.g. cleaning fluids) and the goods you supply (e.g. toilet paper) are standard rated. Special rules apply only if you are doing “builders’ cleans” in the course of construction. The general VAT rules apply to all businesses. They…

 

In order to have an idea of the amount a plasterer is expected to make in the UK, you should clearly define the service offerings of a plasterer. A plasterer is a tradesman who works with plaster by forming a layer of plaster on an interior wall or other surfaces. Plasterers usually work on three…

 

The Food Hygiene Rating Scheme is a rating scheme created and monitored by the Food Standards Agency (FSA) to rate food businesses in the UK based on their hygiene and safety standards. Note that this rating scheme is applicable to England, Wales, and Northern Ireland. Scotland has its own system, which is the Food Hygiene…

 

According to reports, within 2001 and 2017 self-employment in the UK SME sector grew from 3.3 million self-employed to 4.8 million, with over 3.4 million people dependent upon their van for work. With the substantial growth in number of those who depend on their van for work, so have the number of vans changing hands…

 

London is one of the most attractive cities to do business in the world. It is the capital of both England and U.K. In fact, London is the world’s leading financial centre and offers a lot of business opportunities in sectors such as arts, commerce, education, entertainment, fashion, finance, healthcare, media, professional services, research and…

 

Using search engine like Google, you would get over 1,000,000 results about the best business opportunities in Northern Ireland with each school of thought parading different opportunities as the best and sometimes; you become confused about the business opportunities to choose. Here are 50 viable businesses that we recommend for you to do in Northern…

 

Do you want to start a business in the UK from home? If YES, here are 50 best successful small business ideas and investment opportunities in the UK. It is also important you know that the United Kingdom is made up of England, Scotland, Wales, Northern Ireland. So put on your entrepreneurial hat and let’s…

 

The franchise industry in the United Kingdom is very huge and bursting at the seams with hundreds and hundreds of business franchises springing up every year. The reason for this is not farfetched as the franchise industry alone is known to contribute over £15 Billion to the UK economy. According to research, the total number…

 

The United Kingdom is ranked 9 among 190 economies when it comes to ease of doing business, according to the latest World Bank annual ratings. The rank of the United Kingdom deteriorated to 9 in 2018 from 7 in 2017. Ease of Doing Business in the United Kingdom averaged 7.27 from 2008 until 2018, reaching…

 

Do you want to start a business in UK? If YES, here are 20 best cities in UK with lots of opportunities for you to start a business as a foreigner. Most people believe London to be the only place of note in Great Britain worth investing or starting a business. It is not very…

 

Do you want to invest in real estate in UK? If YES, here are 20 best cities in UK with lots of opportunities to buy investment rental property. For the best part of the last 20 years, buying investment properties have been on the rise in the UK. But even with this encouraging growth, investment…

 
 

Is your bad credit score a turn-off to lenders in UK? If YES, here are 23 best sources of unsecured small business loans with no personal guarantee in UK and their interest rate. If you run a small business in the United Kingdom, you might not find easy access loans from the bank, but in…

 

A business plan is a document which outlines the Business model, financial projections, goals and objectives, product marketing plan and business structure of a particular business. A business plan is a way for you to discuss every aspect of your business in detail and, when it is being assessed by the Home Office, it will…

 

Are you someone who likes taking care of or supporting people who cannot carry out basic daily activities for themselves? Do you want to become your own boss? If YES, then you should consider opening a supported living business in your city. Please note that if you intend starting this type of business, it is…

 

DPD is an international parcel delivery service and a good investment for any willing entrepreneur. It delivers on behalf of the biggest high street brands, including Apple, M&S, Boots, Lush, Nike, ASOS, Next and John Lewis. The company constantly leverages on technological innovation so it can remain the market leader. DPD’s award-winning Predict service provides…

 

A domiciliary care agency business is one of those businesses that require you to first look at the existing laws in the country or state you reside before you can start the business. This is because there is hardly any country that does not pay serious attention to their health sector. The health industry is…

 

With the vast reach of over 30,000 restaurants spreading out in 119 countries, McDonald’s is currently seeing to the quick food needs of approximately 68 million customers every day. McDonald’s is the safest bet in terms of Business potential. The Golden Arches logo of McDonald’s is enough for people of all age groups to identify…

 

Although it is said that the coronavirus has plunged the world into a “crisis like no other”, it does expect global growth to rise to 5.8 percent next year if the pandemic fades hence the need for aspiring entrepreneurs who intend to start a small business to start positioning themselves – Indeed this is the…

 

Indeed drop shipping is an amazing way to start an eCommerce business without getting bothered about your inventory or shipping. It is defined as the supply chain management method where the retailer does not keep goods in stock but instead transfers the customers orders and the shipment details to the manufacturer, another retailer or a…

 

There are so many lucrative business opportunities that are usually overlooked by popular culture. Everybody wants to go for the more glamorous looking jobs, businesses or ventures that will quickly communicate prestige in the hearts of those who hear it. When they ask you what kind of business you are into, it would be nice…