Start Online Courses ?

Using your skills for profit is a common trend with all of the best side business ideas. If you’re an expert at something, there’s likely an audience of people online who would be willing to pay to become an expert in your field—just like you. Take your skills and turn them into an online course that teaches others how to get the same results you’ve achieved in your life, career, or business.

once you’re ready to start teaching your own online course, I recommend using Teachable, the easiest and most affordable platform to use for creating, hosting and selling your online courses. They also have a ton of free educational resources about how to get started with creating an online course (yes, even as a side business idea) 

Start a Web Development ?

As a web developer, you’ll build incredibly valuable skills that are in extremely high demand. You can get up to speed on building websites in as little as a few months with inexpensive or free online education programs like Treehouse, the Web Developer Bootcamp.

If you don’t find what you’re looking for there, here’s a list of the 45 best places you can learn to code for free. Once you command a knowledge of HTML, Ruby, Python, Javascript, or CSS, you can start a freelance business as a side business idea to build your portfolio while you still hold onto your full-time job. And over time, you’ll build more relationships, have more experience and eventually take this side business idea over to becoming a full-time source of income.

Start a Web Designer ?

Web designers are incredibly valuable for technology companies which is why becoming a freelance web designer is a top side business idea today. Web design is all about mastering the art of creating a beautiful, value-driven experience for the people using a website or app. There are always new websites popping up in need of professional web design, and foundational books like HTML & CSS: Design and Build Websites by acclaimed web designer Jon Duckett and Don’t Make Me Think by user experience legend Steve Krug will get you started down the right path to quickly determining whether or not becoming a web designer is a viable side business idea for you.

Then you can move into more actionable online courses like Modern Web Design on CreativeLive and Learn Web Design and Profitable Freelancing on Udemy will teach you everything from foundational web design knowledge to earning your first freelance income as a web designer. On top of that, you can take even more immersive courses and learning experiences with access to direct instructor feedback and personal mentorship with platforms like Treehouse, LinkedIn Learning and General Assembly to get up-to-speed even quicker with this career path and listen to my podcast interview with Ian Paget about how to become a freelance designer as a side business idea.

Graphic Designer ?

While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own. An increasingly easy-to-use Adobe Illustrator and even more easily accessible tools like Stencil and Visme are making it so that just about anyone with two opposable thumbs, a bit of creativity, and motivation can earn a side income doing things like designing (and selling) images like these motivational quotes that can be printed onto posters and sold on platforms like Etsy. Or you can find a local startup, small business owner, or photographer who could benefit from some extra help designing or altering images.

Start a Blog ?

Think blogging is no longer a viable source of income? Think again. Tens of thousands of bloggers (including yours truly) are creating profitable content on topics as diverse as scrapbooking, home cooking, travel, film, lifestyle, business, personal finance and more. And we’re growing our blogs into six-figure businesses thanks to a combination of email subscribers, affiliate marketing, blog sponsorships, and other revenue streams. Your first step with starting a blog is quickly getting the technical side of things handled and then both understanding what your audience craves and learning how to attract those readers online.

If you want to speed up the process of launching your blog, I recommend setting up quick, affordable and easy website hosting with a company like Bluehost, Godaddy, TMD Hosting choosing a simple WordPress theme and working on your first post, in order to set the precedent of prioritizing your time on creating content, connecting with (and building) your audience. Then once you’ve been able to build a community around your blog, you’ll want to invest in really understanding your readers—so that you can give them more of what they want.

tax ireland

Allow workers to pay 20% tax on incomes of up to € 58,306 – Ireland

Cut the top rate of VAT to 21 per cent, reform commercial rates, reduce public spending and allow workers to earn more at the standard rate of personal tax, are just some of the measures business lobby group Isme wants the Government to consider in Budget 2020.

On tax, the Irish Small & Medium Enterprises Association (Ismi) said in its pre-budget submission that it “wholeheartedly endorses” the 20 tax recommendations made by the Irish Taxation Institute, specifically the development of a tax strategy “which will positively support and shift Ireland’s export strategy”.

“Our tax strategy appears to have been developed with foreign-owned [multinationals] in mind only. We need to address this with a tax strategy that encourages, not penalises, growth in the indigenous enterprise sector,” Isme said.

It also called for an end to the tax disparities and discrimination against the self-employed; for example these workers still pay an extra 3 per cent USC surcharge on incomes in excess of €100,000. Noting that our capital gains tax rate of 33 per cent is the fourth highest in the OECD, Isme said that this “negatively impacts investment and scaling in Irish businesses”. On the KEEP Scheme, a tax advantaged share scheme aimed at rewarding key employees introduced in 2018, Isme said that “it is too complicated and restrictive for use”.

“The changes announced in budget 2019 have not addressed this, and the ‘lifetime limit’ element introduced has made the scheme less attractive,” Isme said.

The small business association also wants changes to Ireland’s high personal tax regime, with a greater proportion of salary paid at the base income tax rate of 20 per cent.

“Irish workers are taxed at marginal rates at far too low a level of income, even by comparison with Scandinavian exemplars,” Isme said, noting that the marginal rate (40 per cent) for a single worker kicks in above € 35,300, which is 10 per cent below the current average industrial wage of € 38,871.

“We suggest future taxation policy should set benchmarks against the average industrial wage, with a view to getting to 150 per cent (i.e. € 58,306). This would still be a low marginal rate threshold by international comparison.”

Cut to VAT

Elsewhere, Isme argued that the headline rate of VAT should be reduced from 23 per cent to 21 per cent.

“This reduction is long overdue. Our standard VAT rate is one of the highest in the EU,” ISME said.

The commercial rates regime also needs to be over-hauled, Isme said, noting that the legislative basis for the rates system dates from 1898, and “is unfit for purpose”.

“The current rates system requires substantial overhaul before it threatens business viability. It discriminates against town-centre operators, and encourages donut development, contrary to Project Ireland 2040.”