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Business Ideas UK

My name is Joel Bissitt. I have been an entrepreneur for 24 years and have run many small businesses across various sectors. For the last 10 years I have worked mainly within online media, franchising and small business start-ups. I am an author of various websites including Franchise UK https://www.franchise-uk.co.uk

Overdraft fees: Regulator says 'status quo' not an option

The “status quo is not an option” when it comes to the fees banks charge for unarranged overdrafts, the UK’s financial services regulator has said.The Financial Conduct Authority has published its report into the rules governing high-cost lending, including unarranged overdrafts, door-to-door lending and payday loans.It said new rules …

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Brexit: UK will not cut taxes, says Philip Hammond

The UK will not cut tax and regulations after Brexit in a bid to undercut EU rivals, Philip Hammond has suggested.The chancellor told French newspaper Le Monde that tax raised as a percentage of the British economy “puts us right in the middle” of European countries.”We don’t want that …

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The tax trick

Would you like to pay less tax? Make a sandwich: specifically, a “double Irish, Dutch sandwich”. Suppose you’re American. You set up a company in Bermuda and sell it your intellectual property. It then sets up a subsidiary in Ireland. Now, set up another company in Ireland: it bills …

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