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The Positive Accountant - Vol 1 Ed 25

Those who know me well will know that lawyers have a habit of winding me up (and apologies to the small number of them that are on my mailing list).


Let's take today...


The situation is a reasonably straightforward one, a client transaction that has been under legal discussion for some years has to be completed - or else - on Monday morning.  


For reasons that I can't fathom, today was the day of endless phone calls and last minute changes to the documents.  The agreement was eventually agreed ready for signature.  At 5.15 on Friday evening.


Note the word signature.  Yes, in today's world, when we're effectively banned from meeting, when we can videoconference across the world, it needs asignature.  And witnessed of course.  Oh, should I mention that two of the signatories are vulnerable ?


I suppose it's sometimes nice to have a constant, unchanging source of frustration in the world !


Remember, if you have 'missed' any previous editions, they can be found at


http://www.positiveaccountant.com



What are my positives today:-:


1. Furloughing has been extended until end of June  


This wasn't a great surprise, but very welcome news nonetheless.  I am still surprised at the generosity of this scheme and the fact that it can extend to the largest companies.


It also makes the huge amount of time that we're having to throw at making the claims work worthwhile !


The question will now be whether the self employed grant scheme will also have an extra month added to it.


2.  We received a couple of bottles from a happy client

Every now and again it's lovely to get an unexpected gift to say 'thanks for a great job'


Now, what were you thinking when you read 'couple of bottles' ?  


A Shiraz and a Chardonnay ?  


Or did we do a really fantastic job and get given a couple of bottles of Bollinger ?


No.


We must have done a really, really superb, world beating job - because ....it was a couple of bottles of hand sanitiser


3. I have a client's tax return information

Why, you say, am I bothering mentioning this, surely it happens all the time ?


Yes it does.  But I don't often get information coming in that makes me smile.  The covering email said 


"I hate the idea you are enjoying gardening and all of the other excitement you write about so I have attached my tax papers for this year!!


Thank you for keeping me entertained at least once per day!"




And what am I talking to clients about today  ?  


Furloughing At long last, this afternoon guidance on how to operate it was published.  It can be found at


https://www.gov.uk/guidance/work-out-80-of-your-employees-wages-to-claim-through-the-coronavirus-job-retention-scheme


It's such a simple scheme to operate that the simple steps guide takes seven pages to explain it !


https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/880092/Coronavirus_Job_Retention_Scheme_step_by_step_guide_for_employers.pdf


It will be a fun weekend in the Mole household.


Government supported loan schemes- I am talking to a number of clients about these but haven't seen many come to actual drawdown.  I'm not alone, according to a Guardian survey only one in five applications have yet proceeded to successful completion.  Although that is 6,020 loans worth a total of £1.1bn



Stay safe, enjoy the weekend.


Adrian 


adrian.mole@quove.co.uk


07917 338342


"More Spaniel pictures" went the cry.  It's tricky getting two active dogs in the same frame !

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