Member Since: 6th May 2015
24th Mar 2020
Can empathise with you totally.
Was writing at the same time your were posting.
24th Mar 2020
This will be a big challenge for me. I work in an office on my own less than ten miles away although this it is 'technically' closed to the public at the moment. Work and home are generally black and white although there is a little blurriness every now and then at home on occasion. To be honest even then it is awkward (children bleating when I am going to get off the machine) under normal circumstances.
Yesterday was the first day at home for the children (10 and 13) and whilst one of them could crack on with homework, the other one had problems running from the laptop at the same time (I don't know if this is the laptop or router issue). Anyhow one had inished by lunchtime and the other by mid afternoon after they had swapped over from the PC.
My wife does work from home two days a week this of course has now been extended temporarily to full time.
Like most things in life, the dog has a greater standing in the hierarchy than I so am just about taking my chances at the edges of the working day, let alone the evening.
Due to shielding a friend of mine is now staying at the house indefinitely and the parents on both sides are aged and need support with food drop offs on my part as and when.
To be honest, this whole process for me is challenging but necessary. For some it will be a lot easier than others, especially on the people front as the more there are involved, the more difficult it becomes. However, we will get there.
19th Feb 2020
Can empathise with finding yourself in this position totally and trying to patch things up and closing the gate whilst the horse has already long since gone. Too many out there treat the company bank account like their own personal fund and then it is patch up with dividends etc.
However, letter to the client on this one beggars belief. Absolute hiding to nothing I guess in legal terms when that one popped out of the woodwork..
12th Feb 2020
If only I had 2 -3 more years left to retire........
Can whole heartedly empathise with Mr Morris, but in this day and age now 'resistance is futile'
And as for a 'good standard of living', I would say 'reasonable' at best.
A hell of a long way short of solicitors charge out rates.
28th Jan 2020
10th Jan 2020
Would we as mere minions know the difference between a real one and a properly prepared bought and paid for, high end fake one? I bet your average 'due diligent' person wouldn't be able to tell the difference.
Roll on retirement.....
10th Dec 2019
All I can say is, ignore the naysayers at your peril, as long as they are objective (massive caveat there). We all have are own dreams, be it doing our own things or going it alone, although sometimes the focus of that blinkers our view towards that goal.
This is maybe a poor analogy, but time and time again you see examples on Dragon's Den whereby some individuals have spent their 'children's inheritance', their own financial stability (jacked in their job and remortgaged their house etc), turned up at the Den only to then find out they have spent £500k+ on a project only for them to be told, 'stop it before anymore damage is done', no offers and then they walk out and say 'the Dragon's are all wrong and don't understand the concept'.
Maybe negative I know but objective naysayers are worth their weight in gold as they have an emotionally detached opinion.
No doubt many will have come across business plans time and time again that have far from stacked up from the outset (you advised them against it from the beginning) only to be a money pit for the next year or two until it folds. Over half of all start ups fail within three years. Fact of life. That said, the entrepreneurial spirit needs to be nurtured in order that it can flourish, but not at all costs. That of course is very subjective.
Finally, congratulations on the success of your endeavour Georgia. I hope it achieves everything you wish for, and some.
30th Jul 2019
I think many can empathise with this, and not just the accountancy profession either. Legislation and big brother is crippling many of the nations professionals out there, no matter what the industry.
For me dealing with this stress is all about management. (stating the obvious I know) I do still work considerably more hours than your average Joe. However it is still better than a few years back despite all the red tape in recent years.
The three points that made the difference were:
1 - Learn to say no (especially new work)
2- Remove problem clients (disengagement)
3 - Have one day off at the weekend
Point three can still be a bit variable but it is worthwhile to make that effort for a day off (if needs be work to 8pm on Saturday?). An hour or two on Sunday's dealing with emails etc doesn't count as a days work though.
Age doesn't help either I reckon. (30's back then, 4o's now and 50's I reckon yet another cull and hopefully free up a full weekend.) All to ease off the potential stress just to keep things going.
Finally, as you are bending over backwards to keep other people happy, quite often I ask myself now 'would they do the same?'
Cynicism, yet another development in ageing.
24th Jun 2019
Fairly easy tax grab which will raise very few complaints from the vast majority of the electorate.
Fundamentally I feel that is all it was and not a case of social justice to the renting population no matter how it was spun.
And yes I am a private landlord who just had an eye on a little retirement planning quite a number of years back as annuity rates tumbled, final salary schemes disappeared and an ever increasing state pension retirement date that continues to disappear off into the sunset.
It is what it is and its a case of put up, shut up or move on. Goal posts are moved and you just have to get on with it.
The same happened with the dividend tax allowance and those retirement planners with a portfolio held outside of ISA's. It takes quite a number of years to transfer over at £20k a pop.
Yet another example of unintentional consequences from those in central government and their ivory towers.
Not going political but if the Tories are hitting the middle masses like this, I dread to think what the other two so called major parties would do.
10th Apr 2019
Sorry, I don't see what everyone is moaning about. All you have to do is pass the cost on to your customers.....
Yet another cost saving exercise (or revenue generating)passed on to the tax payer. I think that is purely the attitude they take under the circumstances.
Sorry, but this attitude is taken by the public sector across the board whilst the government continues to waste cash on a whole plethora of issues - HS2, the NHS, failing school academy's. Brexit.......
Then on top of that you get nice little snippets here and there like the £33m pay out to Eurotunnel and their law suit after not being invited to bid for the no deal scenario for Brexit and ferry's. Only to be given to an Irish firm with no capacity or ferry's.
Really..... totally inept