I’m not sure how joyful I found reading The Joy of Tax, especially as I started it over three years ago. Finally, though, I have now finished it and will give my opinions on it below. Continue reading “The Joy of Tax by Richard Murphy”
My top five favourite accountants on Instagram all happen to be women. It wasn’t a conscious decision to find just women but it does seem that there are more women out there starting their own business. Maybe its the social media effect or maybe when you are so into something that is all you see.
Lately, while on Instagram, I’ve been finding quite a few accountants. My initial thought was how is this even possible? What kind of picture would you put up? Another P&L account. Maybe lots of numbers. Or Oooh! Look! The balance sheet balances!
However, these accountants are pretty normal and still somehow manage to make accounts look good on Instagram. Sometimes, I wish I was starting my own accountancy practice now as it seems like a really exciting period to be a woman and become a sole practitioner. Anyway, here’s my list of the top five (female) accountants that I have found so far:Continue reading “My Top 5 Accountants on Instagram”
These 15 simple steps to create a filing system for your accounts paperwork are aimed at self employed sole traders. You need to keep paperwork for at least 10 years in case you ever get an enquiry from HMRC. Being organised can help your accountant turnover the work faster and also resolve HMRC enquires faster, if you were ever in that situation. Continue reading “15 simple steps to create a filing system for your accounts paperwork”
Recently I was asked if they could do a tax return if they didn’t have any sales and just put expenses through. My initial thought was why go through the whole hassle of doing a tax return and the stress of meeting the self-assessment deadline if you don’t have to? With a new business, you can go back up to 7 years to claim your expenses and if you earn less than £1000, you can receive trading allowance before you even need to declare your income.
Technically though you could claim just expenses. There are some restrictions in that you would need to prove to HMRC your business is genuine. You need to do at least 10 hours a week with a view to making a profit. Continue reading “Claiming just expenses on your tax return”
One of the best things I like to read about is inspiring stories of people (especially women) who have achieved amazing success against all odds. This book is full of motivational stories like this, starting obviously with:
Annabel Karmel – Cookbooks for healthy food ideas for babies and children at different stages of growing up. This is where I first found out about Annabel Karmel. I was all into cooking healthy nutritious food for my babies. Continue reading “A Mumpreneur Guide by Annabel Karmel”
My daughter has almost completed one week of school. With all the rushing around over the last week, making sure I had everything and trying out the school run in between work and then actually starting school, I haven’t had a chance to stop and think until today. The whole idea of her starting school still seems a bit surreal and I’ve been nostalgically looking through her baby photos and videos not wanting to believe she’s almost 5. She seems to have settled in well after the first few days of bawling her eyes out and saying she doesn’t want to go to school. Today, she still said she didn’t want to go but for the first time, there were no tears just lots of hugs and a promise from me to pick her up at 3. We did have to talk through this on the walk into school though. She asked me to pick her up at 2 but I had to explain that I couldn’t because school finishes at 3 so I will pick her up then. I feel happier that I can leave her without her being in tears.
I knew the school run would be long and tiring especially as I will be sitting in rush hour traffic but to be doing this for next 18 years or so is already filling me with dread. Since we didn’t get any of our catchment school, the school we are going to takes about 1 to 1.5 hours there and back which I will be doing twice a day FOREVER! I’m leaving early so that she gets to school on time but the journey back is full of traffic. Also, at the moment I’m walking her in and waiting for her to go in and stop crying and clinging to me. Hopefully once she settles in, I can cut out about 20 minutes but it is still a long trip. I’ve already started looking for houses near the school although we still haven’t decided what our long term plans are for moving houses and possibly schools.
We’ve already had homework and reading books which at the moment is fine and easy to do. I’m sure once we get into a routine everything will be all okay but at the moment I feel like I’m constantly running around, working and doing things til late into the night and then have to get up early to start the day and I miss sleep so much. Today, I had absolutely no motivation to do any work, mainly because I was tired but Wednesday is one of the only days where I get the whole day to myself – no kids, no husband so it should be a productive day. But I resisted it so much today and spent the day dreaming about not having to work for a living. I would watch day time TV while eating breakfast and lunch, go to a yoga class, maybe even have a nap, read a book and I would do a little bit of work if I got a bit bored. I’m dreading tomorrow when I will have to catch up on everything I avoided doing today.
Not really a motivational saying this week but just something to tie in with schools:
Some days I have lots of time and other times I don’t feel I have enough time in the day to do everything. It is usually when I don’t have enough time to do everything I start to question everything that I do. It’s amazing how much of my life, is so driven by money. Especially now that we have more or less decided that our oldest daughter is going to private school for at least 2 years. We need the money now but in order to earn enough money, I feel like I’m constantly working. But because I’m self employed I have to keep a timesheet and it almost doesn’t seem worth it. I just feel like a busy fool!
A few weeks before going on holiday I accepted another work contract but ever since then, I am working til late into the night and I don’t seem to have time for my kids which was the main reason for working from home. I feel like I’ve almost defeated the purpose of working from home. I think maybe my charge out rate is not that much so I don’t even feel that working all these stupid hours is worth it. It would be so much better to work for someone else doing part time hours and then once work is finished that’s the end. No late nights working! Surely a salary would be better than an hourly rate.
Once I’ve finished the work I’ve accepted for the third contract, I am thinking of saying no to more work and maybe even consider asking for an increase for my other 2 contracts. On top of that with my grand parents being ill, I have also offered to help out when I can for my mum which is nothing really because I don’t really live that close and they have only asked for my help once so far. But I like to be available in case they do ask. I want to help.
With all this going on I really start to question what is the point of doing anything? What is the reason for being here? And surely you should do stuff to make you happy. But what makes me happy? If can stay awake long enough to think of answers to all these questions, maybe I can change my life a bit.
I’m writing this blog listening to my kids emptying out another box of toys and creating more mess and havoc for me to clean up! Here’s my confused quote for the weekend:
“Eventually, all the pieces fall into place. Until then, laugh at the confusion, live for the moment and know that everything happens for a reason…” – Albert Schweitzer