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The Positive Accountant Vol 1 Ed 16

Updated: Apr 6, 2020

It's Friday, another week's flown by (I detect you're checking your phones right now to see that I'm right... yes it is indeed Friday).  


Losing normal routines means losing track of time, I guess we should all be grateful we don't live in Iceland with 23 hour days/nights - that combined with this would be really disorientating.


One of the nicer aspects of what we're going through right now is the feeling that we're all in this together -  there isn't really a sector that isn't affected.  


Picking up on that, Cat from SASA Marketing, has offeredanyone who is a client of ours a free hour of marketing consultancy -helping position yourself ready for the recovery.  If you're interested then take a look at http://www.sasa.marketing.  Click on the 'Contact' button, mention where you heard about her and that will give you the free hour.


Remember that if you've 'missed' any of our previous blogs they can be found on


http://www.positiveaccountant.com



What are my positives today:-


1. We have a half redecorated room.  With bored teenagers who have artistic talents, we 've challenged them to redecorate one of our rooms.


Today was the least challenging, most rewarding part, putting a base cost on the walls.  Tomorrow I'm told that the murals start...I'm worrying already.  I mean, I guess Banksy had to start somewhere, I'd just rather it wasn'tourhall !


2.   Wine  It's Friday.  2018 New Zealand Sauvignon Blanc since you ask, from Naked Wines (who are still delivering...).  Need I say more ?


3.  Onshoring - the new new business trend

I'm a bit of a philistine when it comes to outsourcing 'back office' work to other countries.  


Seeing some of the chaos that now exists for businesses trying to run in lock down in the UK, with their entire back office equally locked down in India, but the latter without mobile working capacity, I wonder how long the 'offshoring' model will be valid for.


What are the things I'm talking to clients about today:-


1.Still no Furloughing update.  It's unbelievable that we're having to administer a scheme, which has a finite life, when we don't know what the rules are, nor when the money will actually arrive (HMRC are still saying they are 'hoping' end of April).   I'm sure the Government know what they're doing, I just wish we did.


2.Dividends - There is a real upswell of opinion amongst business owners operating through companies that they are being penalised by having taken their profits out of their own companies as dividends.  People in this category aren't treated as 'self employed', nor are they able to furlough this stream of income.  So no relief or help anywhere.


That smacks of unfairness, but there doesn't seem to be a mood to change it in Whitehall.



Enjoy the weekend, it's supposed to be sunny but we're not supposed to go out !


Adrian Mole


adrian.mole@quove.co.uk


07917 338342


Let the decorating commence !

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