Blogs

What is Corporation Tax?

In its most simplest definition, if you have a limited company, you would need to pay tax on your profits.  This is called Corporation Tax. You would also need to pay corporation tax if you are an association, a club or co-operative.  If you are a sole trader or a partnership, your profit is not subject to corporation tax and any tax you have to pay will be through your self-assessment. Continue reading “What is Corporation Tax?”

I’m scared to open my laptop

On Monday night, we stayed up until midnight to find out what the school admissions results were for my younger daughter. She got in to the same school as my older daughter which was a huge relief. We were both prepared for a fight and had a line of action in place if things didn’t go to plan.  Tuesday was therefore meant to be a day of celebration. Instead at around 7pm, the unthinkable happened. Ransomware had infected my old laptop.

Switch off the wireless

My husband saw it and immediately switched off the wireless on my old laptop which was the same advice I was given from work. I have a new laptop but I hadn’t got around to transferring everything onto my new laptop yet.  There wasn’t much left but because I still had my old laptop, even though it takes ages to do something I wasn’t in a real rush to transfer everything over.  Nearly all my files I save in the cloud, either on Dropbox for my personal stuff and google drive for my work stuff. It should be safe or so I thought.

Google Drive and Dropbox App

I’ve downloaded the apps so that I can save files on my laptop rather than having to keep transferring things or working off the internet all the time.  Unfortunately, by the time I went to check my laptop again 2 hours later all my files on Dropbox and google drive had become corrupted. Especially because everything syncs quite quickly when the internet is on. It thought I had lost everything. 

At work I have a shared drive too and I don’t know if I had corrupted anything in there too. I’m still getting over how careless I had been. I normally double check everything and I’m double cautious when opening something but I went onto a site that I trusted and I went to download a pdf file and it said that your adobe reader was out of date and you needed to update it. So, I did. Stupidly.

Recovering the files I had lost

Luckily, when I got in contact with Dropbox, they were able to rollback the files to an event that took place before the malware had infected everything. See this link for more information. All my personal files were saved.  I tried to find something similar for google drive which they don’t have but everything I used seemed to have been in the bin.  So again, I seemed to have recovered most of my files for work too and even in some of the shared folders.  The only thing I’m sort of waiting for is how it’s going to affect my emails.  Surely, that can’t be it?  Or if it is, wow, thank god for cloud and for saving everything online.

Cybersecurity

Only the other day, I read an article in the Economist about cyber security which can be found here and here. It talks about how people’s attitude to it is lax and how it is quite hard anyway to be completely secure. I guess that could be why I’m still waiting for something else to happen but on the plus side, it’s also been fairly easy to retrieve everything that I thought I had lost too.

The next day, it took me until Wednesday afternoon to open even my new laptop because I was so worried.  I didn’t want my brand-new laptop to be somehow infected too. I’m now trying to learn everything I can about cybersecurity.  Most of the time I rely on my husband to fix it as he works in IT and so he’s in charge of all IT related stuff in the house and most of the time that’s fine. But I do need to be a bit more clued-up about all of this myself. Plus, it’s such a big thing with kids online all the time too.

 

 

 

Smartcuts by Shane Snow

This has a lot of case studies to explain the different points that he raises in the book.  There are nine chapters each with a few case studies of successful people and how they achieved their dreams. Continue reading “Smartcuts by Shane Snow”

Still none the wiser

I’m still none the wiser as to what I am doing with my life.  I’ve written about it in this post on Accountingweb which you can read here: confusion-and-plans

However, since writing this post, I was driving down from my mum’s house at around 7pm. Usually, I can take it or leave it when it comes to driving however, this time I really did enjoy the drive.  The girls had both fallen asleep, (one of the main reason for driving home at around 7pm) and the sky was turning from bright yellow sunlight and wishing I had sunglasses on, to a red sky with orange streaks, to a dusky blue with strains of the leftover orange .  It was so beautiful especially with my favourite Bollywood songs softly playing in the background (another ploy to get the girls to fall asleep). Continue reading “Still none the wiser”

What is income tax?

A dictionary definition and its simplest explanation, income tax is the tax levied on personal income that you earn.

What is personal income?

Personal income that is taxed in this way is made up of:

Continue reading “What is income tax?”

Changes and worries

As always, things are changing in our house and as usual I am in panic mode which means sleepless nights and worrying about things that are out of my control.  Everything always works out for the best in the end so I should just relax and let go of what I can’t control. But as a worry wart, that’s one thing I can’t seem to do. Continue reading “Changes and worries”

She Means Business by Carrie Green

This is a really inspiring book. From the title, you’d think it was a very technical business book with lots of business plans and marketing strategy. It does have some technical advice, however, it’s more geared towards motivating you and giving you techniques in how to make your dreams to come true.

The book is split into three parts and with lots of chapters in each section, although some chapters are only a page long.  The three parts are:

1.       She shows up for her dreams

2.       She gets herself out there to shine

3.       She’s unstoppable

The first part is about working on yourself and conditioning yourself for success and to allow yourself to imagine your business can be a success.  There are great quotes throughout the chapters and lots of tips on how to imagine yourself being successful.  At the end of nearly every chapter there is a list of questions, under the title, she asks questions where she makes you think or do some things for yourself.  So far the first two – about starting a journal and creating a vision board I’ve already taken on board.  This is the first time I’ve ever done a vision board and I feel a bit self-conscious about doing it. It feels like something you should do when you are at school or at Uni, not when you’re almost 40 and a mum to two girls.  It felt good doing it though but I’m still embarrassed to hang it up anywhere. I really love writing a journal and have recently started doing that anyway but I decided to start another one in order to follow what is going on in this book.

The second part is about your business.  Some of the points are the usual, find your niche, mission, audience and target them which I’ve heard a million billion times and go above and beyond to help them.  However, it also point out that sometimes, you just need to start and then you will find where you are going and your business will evolve as you go along.

The third part is about growing your business and to keep going even when you feel like giving up. In the book, Carrie accepts that there will be ups and downs but to use the failures as a learning point to keep going.

Along with this book is the 28 day She Means Business challenge.  This is included at the end of the book but you can also download it from her website along with a daily calendar with points and free resources that will keep you motivated to do the challenge.  The worksheet will direct you to the part of the book it refers to as it is not always in the order of the way its listed in the book.

At the end of each three parts, there is a checklist which summarises the chapters in that part and as it’s a checklist, you can tick off as you do them.

There have been quite a few books that I have read recently that are almost like an interactive workbook which I have listed below:

The Conquer Kit by Natalie McNeil

The Go To Expert by Heather Townsend and Jon Baker

Mumpreneur by Annabel Karmel

Yoga Girl by Rachael Brathen (although that’s about yoga rather than business!)

 

All of these books have something to download and lots of questions to ask about yourself and other little tips and inspiration to keep you pursuing your dreams. So far or maybe it’s because I’ve just read it, this book has been the most inspiring and especially the first part about preparing and visualising yourself being successful in whatever you do.

I’m going to go back now and finish the challenge and there may even be an update to this review.  However, as it stands now, this is another great book.  It is aimed at women but I think it can benefit anyone who needs a big dose of motivation to keep going if you’re starting to feel a bit despondent and lost with your dreams and plans.