The Positive Accountant - Vol 1, Ed 12
I hadn't realised how habit forming these blogs had become until someone chased me this morning for the weekend edition....oops.
This weekend I took some time out as otherwise there was a danger that when working from home - as we all are - boundaries kind of blur and we just end up working. Which makes us dull(er) and (more) boring.
So, I decided not to do that, but here we are with Monday's edition, number 12, and almost two weeks in...
What are my positives today:-
1. In between the snow, sleet and rain there was a lovely rainbow. I got as far as getting my spade and business cards ready (the first in case I get there ahead of anyone else, the second in case I'm beaten to it, in which case there'll be someone needing tax planning advice).
But then I remembered that it would neither be an essential trip nor exercise. Oh well
2. We don't have a Brexit Box any more. OK, we were one of the households that stocked up ready for a No Deal Brexit. You know - all the essentials, 720 Weetabix, 500kg of pasta, a dozen tins of prunes.
But over the weekend we decided that as the Brexit Armageddon looked like a happy dream, we'd start eating what was in the box.
Anyone got any recipes for tinned prunes ? Preferably for someone who doesn't like them!
3. I'm getting quite good at remote IT support.
Particularly getting Zoom working on other people's computers. It's no longer taking the first ten minutes of any meeting ...
What are the things I'm talking to clients about today:-
1.VAT deferral ! Just a reminder that the next VAT quarter you are submitting VAT returns for has a deferral until the end of March next year.
If you don't want to defer then leave the direct debit in place, or pay manually. If you do want to defer then cancel the direct debit or if you normally pay manually, don't !
But remember that the VAT return still needs submitting.
2.Pension Contributions. Investing in stockmarket backed investments (whether through a pension or other method) is not for the faint hearted right now. But clients who have surplus cash and are committed to the plan of making personal pension contributions have only until Sunday to get invested to get the relief in this tax year.
Just because the market is down doesn't stop the contribution - you can always get the money invested in a cash fund/bank account within the pension until the time to actually invest is more suitable for your risk profile.
Until tomorrow, stay safe
OK, it's not today's rainbow but this is a much better photo. It's off the north Norfolk coast last summer, and as you can guess from the wing strut, I was
"Somewhere over the rainbow,
Way Up High"