Member Since: 6th May 2015
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
28th Dec 2018
Yes to all of them bar the obligatory no to Question 4.
Reading that article brings it all home. All wrong imo.
Since SA started, it has been full 10-11 hour days every day, seven days a week post Boxing Day all the way until the end of January.
Ok the money is good but as each year passes that aspect falls more and more insignificant. Every year SA season seems to get less tolerable. The pointless constant chasing after those perennial 'leave it to the last minute' clients, a cull of which is way over due.
Just looking forward to February and hopefully a lovely spring and long summer before this all begins to ratchet up again late Autumn.
7th Dec 2018
For all relevant 31 Jan deadline paperwork to be in before the big red man comes down the chimney dropping his off too before running off to Thailand for a three week holiday.
Limited company clients only always sound appealing this time of year. I know, the directors........
30th Oct 2018
I know very little about 'Universal Credit' and benefits in general bar from the media hype. To see the working practicalities as highlighted by this example, just rams home the effective indirect taxation to those in most need brought on by the rise in personal allowances from this budget.
To me this is totally unjust and hitting those who can least afford it. The hardnosed out there would argue this would encourage those to work rather than receive benefits. However, there are of course many where this simply isn't an option.
This highlights the fact that those receiving the greatest benefit from this hand out are those with allegedly the broadest of shoulders.
I apologise if this sounds too political as it wasn't meant to be, merely acknowledging this practical application raised by the LITRG.
Many thanks to the LITRG.
30th Apr 2018
Richards 1 is about right. I have heard this mooted several times.
It joins CGT, SDLT and IHT - basically the taxes on inflation caused by the government's mismanagement of the economy. Gordon Brown being the main culprit because he could see lots of money coming in that he could then dole out to the indigent to gain their votes.
May seems to be on the same ploy but it won't work for her because she is hitting her own power base.
Still a dose of Corbyn would see us like Russia with the Rich getting richer and the poor getting poorer and living in Soviet style apartment blocks that are very evident as you travel from the airport to Moscow. In Moscow, inside the garden ring, all is different. The Range Rovers, Porsches, Bentleys and Mercedes all have their bodyguards, many armed and the owners even have armed guards outside their hotel rooms sometimes.
Sounds to me like the devil and the deep blue
O Brave New World....
'All that was a party political broadcast by the Conservative Party........'
All within the same week as the local elections.
Anyhow, back to the OP, this all stinks of stats and nothing to do with simplification.
2nd Mar 2018
Basin trap in the office toilet appears to be frozen (sink backed up). The waste pipe from the sink sounds empty so that's where the money is on. Hot water is sitting in the basin and hopefully it will start to drop. Taking the trap off looks like a disaster as it has been on there years complete with some mastic. Happy days.