20 per cent VAT 2012 budget 50% return accountancy accountancy fees accountancy services accountant accountant B accountants accounting for dividends accounting records accounting software accounts accounts software administration annuity annuity rates Autumn statement avoid inheritance tax avoidance of tax avoiding inheritance tax bank lending basic personal allowance BCC big picture book keeping Bribery Act British Chamber of Commerce BS7858 budget budget 2011 Budget 2012 budgeting business business accounts online business advice business cash management business confidence business continuity business continuity management business continuity plans business cost management business efficiency business exit business exit planning business finance business friendly business funding business goals business growth business investment business loan business management business owners business performance business plan business planning business record keeping business records business sale business success business succession planning business survival business tax planning business tips bwe based account cash flow Cash flow forecast cash is king cash management Cash-based accounting cashflow chancellor chartered accountant chartered accountant Birmingham chartered accountants chartered financial planner chartered financial planner Birmin child savings children’s savings choosing an accountant client entertaining Cloud accounting Company Tax returns compliance industry contractors IR35 corporartion tax Corporation tax credit control credit control procedure cyber attack cyber crime cyber insurance cyber security cyber threats data security data security. IT security debt collection debt recovery despite some of the bad press over recent years director’s loan account directors loan directors pensions Directors’ loan account dividends doubl Dragon’s Den dragons den Economic expansion EIS email security employee data security Enterprise Investment Scheme enterprise zones entrepreneur Entrepreneur’s relief entrepreneurs entrepreneurs relief ethical hacker Everyone needs to finance their retirement and exit planning finance finance management financial advisor financial difficulty financial forecasts financial freedom financial goals Financial management financial plan financial planner financial planning financial planning checklist financial planning tips financial wellbeing FSTE 100 FTSE100 fund manager gifts global markets growth growth finance HMRC HMRC enquiries HMRC enquiry HMRC IR35 guidance HMRC tax enquiries HMRC tax enquiry home loans how to manage time ICAEW IHT income tax income tax r income tax relief income tax return independent financial advisor information security information security management inheritance tax inheritance tax planning insolvency Institute of Chartered Accountants investing Investment investment advice investment diversity investment in marketing investment management investment options investment philosophy investment planning investment portfolio investment risk investment strategies investment volatility investments investors IR35 ISO 27001 ISO 27001 benchmark ISO 27001 consultants ISO22301 ISO27001 IT security Jimmy Carr jobs keeping the books key perfirmance indicators key performance indicators KPIs kpi's late payment penalties late payment penalty fines late payments legal tax strategy management information management meetings management standards managing data security marketing investment miscalculated tax motivating staff national lottery new years resolution online accountancy online accountancy software online accounting on-line accounting online accounting software online accounts online tax return online VAT return outsourced accountancy outsourcing outsourcing accounts overtrading owner managers Parker Management Consultants partnership agreements passwords Pay off mortgage PAYE paying a dividend Payroll penetration testing pension pension contribution pension contributions pension fund Pension funds pension investment pension investment strategy pension scheme pensions pensions forecast per personal allowance trap Personal financial plan personal financial planning personal guarantees personal pension personal pensions personal tax return plumbers tax safe plan pre pack administration private pension profitable business sale R & D tax credits R&D tax credits recession red tape reduce tax remote working report on economy research and development tax credits retirement retirement planning risk risk return safest passwords Saga sareholder protection cover security of websites Seed Enterprise Investment Scheme SEIS selecting an accountant Self assessment self assessment tax return self invested personal pension selling my business selling your company shareholder agreements shareholder protection SIPP SIPPS small business small business owners small business tax small businesses small firms SME SME business management SME marketing SME tax planning SMEs social media policy SSAS start up start-up stock market succession planning tax accountant tax affairs tax avoidance tax breaks tax charges tax code tax disclosure tax enquiries tax enquiry tax evasion tax investigation tax investigations tax liability tax man tax mitigation strategies Tax planning tax planning advice tax planning schemes tax reduction tax reform tax relief Tax return tax saving tax saving strategies tax savings tax strategies Tax tribunals taxation tax-break time management time management skills top rate of tax tough times UK Bribery Act UK economy VAT increase vat return VAT rise VAT submission web based acc website security when to pay a dividend work-life balance Xero Xero accountancy software Xero accountants xero accounting xero accounts Xero accounts service

Financial wellbeing Posts

Friday March 28, 2014 at 9:27am
“Being Realistic is the Road to Mediocrity” - Will Smith I came across this quote and it really stopped me in my tracks. As accountants we are usually the paragons of the realistic. However what Will Smith was getting at is being realistic is often an excuse for not pushing beyond our comfort zone and achieving much more than we first thought possible. With a little thought I realised we come across this quite often in our work with clients. When it comes to their money people are ....
Wednesday December 4, 2013 at 4:46pm
If the inventor of the electric light bulb, amongst other things, gives you advice on how to succeed in life it is probably worth taking notice. This is the man who took 10,000 failed attempts at inventing the light bulb before he succeeded. Although the approach he applied (in italics below) to setting and achieving goals is straight forward, many people miss opportunities because they don’t have help or guidance in tackling what are quite difficult questions. Be clear about what you wa....
Thursday November 7, 2013 at 10:00am
It’s odd how we quickly get used to accepting what is really quite unusual as ‘normal’. Inflation is running at 3.3% but bank base rate is 0.5%. In normal times interest rates would have to rise to give a return above inflation. So whilst there might be a benefit for those with a mortgage, anyone with money to invest could be forgiven for scratching their head. Government debt continues to rise, from 1992 when the national debt was £0.2 trillion to £1.6 trillion no....
Friday July 19, 2013 at 2:37pm
Martin Luther King was not the only civil rights leader in America in the 1960’s however he was the one that everyone followed. Some of his success was down to having a belief or dream that others also held. It’s hardly inspiring to passionately pronounce “I have a plan”. People were motivated to act because they also believed his dream. Most organisations and their employees know what the company does; some will even know how it does it in a way to win business from thei....
Thursday March 7, 2013 at 11:22am
“Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming "Wow! What a Ride!” Hunter S Thomson I came across that quote recently and it really made me stop and think and prompted this blog. The reality is that it is not so easy to “skid in broadside...thoroughly used up” and worn out because to ....
Thursday February 28, 2013 at 9:00am
Probably one of the least well understood yet most important concepts for your future financial wellbeing is the concept of investment risk. When saving for the future, especially for retirement, everyone wants to maximise the return on their investment, yet not everyone has the same attitude to risk. Of course the greater likely return, the higher risk you will need to be prepared to take. Beware of anyone who suggests otherwise. But risks is only part of the picture, it needs to be coupled wi....
Thursday April 7, 2011 at 10:00am
The number I’m referring to is the amount of money and resources you need to enjoy the lifestyle you desire both now and especially when you start to work less or stop work completely. How much is enough to provide you with the things and experiences you want now, and to allow you to enjoy retirement rather than ‘live it out’? Why should you accept that your lifestyle has to change dramatically if you work less or when you enter retirement? Cutting out holidays, taking the kid....
Parker Chartered Accountants and Financial Advisors is the trading name for Parker Business Development Ltd (Registered No. 4116664), Parker Tax and Trust Ltd (Registered No. 06950353) and Parker Financial Planning LLP (Registered No. OC347027). Parker Financial Planning LLP is authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales – registered office contact details here