Foreign.

And welcome to the Pat Accounting Podcast with me, your host, Vicki Clark.

I'm going to help you get to grips with your finances, save you lots of money and take the stress out of doing your tax return.

So let's get going.

Hello, everyone.

Welcome to this week's Live.

And today we're going to be talking all things budget and.

And this lovely man next to me, if some of you don't know because you've not seen him for at least a year, is my lovely business partner, Lee.

He's been skiving for six months, so.

I wish I was skiving.

For those who didn't know who he was, they see who he is because they're like, Lee, where have you been?

I've also decided that I much prefer doing lives like this than public speaking at expos, as was horrendous.

And I read it last ages to the people less.

Yeah, we all learned a few things there.

Don't let Lee up on the stage.

No.

Bless him.

I think I just prefer when it's much more free flowing.

But when you go.

But the thing is though, it's much, it's.

People go, yeah, but you do a podcast every week and it's like, yeah, but we don't see anyone's face.

It's just us two having a chat.

Yeah.

Whereas when you've got 200 people staring at.

Staring at you, like waiting for you to say something.

Like, when I start, when we started there expo, me and Tegan had a proper script and it just went to shift because we're so nervous and she dropped our cards and then I couldn't read mine and I was like, oh.

God, that was the hardest bit because I knew I had to stick to what I was about to talk about.

Whereas on these, we can go off on tangents, so it's easiest for me to pull information together.

Whereas when I'm there, I thought, if I go off on a tangent, I'll lose where I am and lose the sense of what I'm doing.

You were very focused.

I was hyper focused on that.

Emily's watching, Leighton's watching, Whis doing work.

Stop watching the bosses at work.

On a separate note of what we're going to talk about today and we are going to delve into the budget is we just got an email today to say that we have got another stand at Crufts for the fifth or sixth year running, however long it's been, which is exciting.

So we will be at Crufts next year.

So make sure that if you do Come and you want to come and say hello.

We'll be in Hall 1 as usual.

Not sure where the stand is as yet.

Yes, they've done it, they've completely changed up.

So God knows what it's going to be like when we get there.

But we are in hole one again, hopefully in the same place as last year.

But we will let you know, so make sure you come and say hello.

So we had the budget yesterday, as we all know and probably watched that the lovely Rachel from Accounts properly shafted, everybody went totally against what they promised, surprise, surprise and just was an absolute shit show, as we all expected.

So there's obviously a lot to the budget and we're only going to go through things that are relevant to you guys, otherwise we'll be here for forever.

But just to drill down on the bits that are going to make a difference to you guys and why.

But for my personal opinion, I thought it was absolutely shit and I think she got destroyed by.

I don't know who that woman is.

He was wearing like a blue dress and some part must have been conservative woman.

Am I bad Doc or something like that?

Yeah, she absolutely destroyed her.

It was embarrassing.

And you know, they've said, oh, you know, we're going to put, put you minimum wage up, which means nothing because they've frozen the thresholds and that just means that employers can't afford to pay.

They have to put the prices up.

So then everyone's paying for more and you're getting taxed more.

So actually you're probably worse off with them putting the minimum wage if she just kept it the same.

Yeah, but they, no one really understands that and they wouldn't know.

They just go, oh my God, my minimum wage has gone up great.

Well, it's not great because you're probably worse off.

It's really difficult, isn't it?

Because this budget was very much a case of take from everybody that's worked hard to get where they are and give those that aren't contributing, you know, and I get the government's in a difficult situation, they've got rising debts and all the rest of it, but if you can't afford to pay those, just don't, don't give out more.

Just put that on the back burner.

And things like around the middle people are getting screwed, whereas the people are lazy and don't work are getting paid for and the people who are making millions get to keep their millions and they're not really taxed.

It's everybody that's in between.

It Gets.

That gets shafted, which is just ridiculous.

Oh well, if you've got a 2 million pound house, you can pay 2 grand.

I'm sorry, if you can afford a 2 million pound house or 5 million pound house, 2 grand is nothing.

Like, it's, it's just, it's just ridiculous.

But whatever.

This is our personal opinion, in all.

Honesty, as a sole trader with a sole trade business, you, you've got away pretty unscathed.

However, if you've got savings or if you have income from dividends, if.

So you're a director, if you've got staff, if you've got property, like you're a landlord and you rent out a property, then unfortunately you are going to be paying more tax.

So they maintain that they, I think Kia was in the news today saying that, you know, they've stuck to their manifesto, they didn't create promises.

Personally, I don't see how that they can say that because they have literally frozen the tax free thresholds.

Which she said.

Which she said she wouldn't do.

Yeah, she has broken it and do.

But what does that really mean?

Okay, so Everybody in the UK has a tax free allowance which is £12,570 a year.

Anything earned below that is generally not taxed.

So we start paying tax and national insurance once that threshold is breached.

So what happens is as the average of wages rise year on year, you know, generally they go up.

It means that more people will be pushed over that threshold.

So they're going to be taxed now by freezing that threshold until 30, 31.

I think it is with an additional 3.

20, 31.

30 ones minus away would be dead.

I know it's because 31, but I'm thinking of.

Yeah, it's, yeah, 20, 31.

What, what happens is as the wages grows, more people are pushed into that taxation bracket so that the government then is taxing more people that are on low wages.

So they increase the national minimum wage.

Employers have to pay more to their staff and I think some of them are going up by 8.5%.

So it's quite a big jump.

And I believe off the top of my head, somebody over the age of 21 is now going up to £12 71.

So it's almost another 50 pence an hour.

It is literally 50 pence.

Yeah.

And so what will happen is that those people are now going to be taxed more because they're now over the £12,500 bracket.

So they're giving with one hand and then secretly taking it away with the Other the problem that we've got is that she kept employers national insurance contributions and the allowance that we get the same.

So it means that the more employers national insurance that we have to pay, the less we're able to claim back.

So the employer is actually paying more for it as well.

So the more staff you have, the more hours that they do, the higher the wages that you have to pay them and the more national insurance that.

The employer and that results in all the businesses putting their prices up.

Which means the average person is then spending more because every business has had to put the price up.

Yeah.

So someone like us, we've got what, 14 staff, we're now thinking, well everyone's wages now gone up.

How are we going to, how are we going to factor that in?

The only thing we can do is put our prices up because otherwise if we don't we're going to go like that rather than like that.

So but don't worry, not by much.

Inflation.

So inflation is, is what drives the costs of goods and, and services.

So inflation is the increase in what the same goods or service would have cost you 12 months ago.

So for any business that doesn't put their prices up by at least the rate of inflation, it means that what they're selling today they're making less money on because it's now worth more money because of the rate of inflation.

So if you don't have a yearly pricing, what you're delivering is eating into your profits and, and squeezing you more and more.

And when we had the last budget and, and the, the national insurance for employers was announced and the, the big changes that, that made, I mean we've seen it ourselves.

The, the, the extra costs certainly now that the allowance has been used is staggering of how many extra we've got to find every month to pay HMRC to just to employ people.

So she froze that.

Which means that if you do use your annual allowance then you are going to be paying more money again in higher wages, higher national insurance costs and there's no way of mitigating that.

So you need to start looking at your prices to make sure that you're covering not only the increase, it's going to cost you from April, the rate of inflation.

So you need to make sure that your prices rise by at least the rate of inflation and then you're going to need to add another little bit more on so that you make a little bit more every year as well.

It is going to make things a lot more expensive just from general consumers.

So that's that's where the national minimum wage comes in and how it's secretly taxed at the back end that you're not necessarily seeing it by then freezing the rates.

And just as this other one did point out yesterday, the woman that actually unemployment is, is a lot higher since they've, they've come on board and the changes they've made.

I think I could be wrong but sure.

She said it was like a million more people were unemployed since the budget because employers can't afford to pay them.

Yeah, look, I was speaking to some of the guys in the office yesterday and we were saying that the reason that 16 and 17 year olds and sort of under 20 year olds are on less of a minimum wage is because they're still finding their feet.

They're coming into the job market, it's going to first job.

They're not going to have the life experiences that others of an old age has.

So there comes a level of time frame where these youngsters are really finding out about the working environment and the changes that it is from, from coming from education into work.

So, you know, I understand that not everybody, and it's difficult to tar everybody with the same brush because there will be people out there that are hard working and some of them do the same jobs and, and they should be paid respectively for that job that they do, but only once they reach that level of expertise.

And the fact that, you know that you can ask them to do the job day in, day out without that, that level of, of oversight that, you know, because for a young person working in a business there's certain things that you have to do as an employer as well to make sure that one.

They can be left on their own or whether or not they can't be left on their own because they're under a certain age, if they're at school, they can only work so many hours.

You have to try and factor that around your business as well.

There's lots of changes an employer has to make for that.

So, so that lower wage represents the additional, the extra training, the, the personal development that you're going to help that youngster go through so that they can become a truly valued and independent member of staff that the business can rely on.

She's all about the kids, isn't she, Rachel?

Yeah.

What I don't get is she's saying that everybody will have an apprenticeship if they haven't been in a work, was it 18 months or something like that.

They're going to get paid apprenticeships and paid into work by who?

With what?

Yeah, I just don't get it.

Just because she says that they're going to create apprenticeships in the workplace because they've put that rate up now to starting at eight pounds an hour.

What employer?

All these jobs from all these employers to offer employment.

So difficult, really difficult.

And so another one of the changes that, that she's made is to directors.

If you're a limited company director, like, she's absolutely shafted you.

Yeah, she couldn't have done anything worse, I don't think.

Like, it's just insane.

And again, it's the people that work hard.

It's never like the million billionaires that seem to get, you know, high rates of tax.

Just you're not your normal person.

But yeah, if you are a limited company director, then yeah.

From April your dividend rates are going to increase by 2%.

So they're moving from 8.75 to 10.75% and then the, the higher rate is moving from 33.75 to 35.75%.

But the height, the additional, staying the same.

But I mean, if you're taking the additional rates, I mean you're on an awful lot of money for that to.

Hasn't she.

I thought she'd raised the high rate tax band by 2% as well.

So yes, if you are a limited company director, you are going to feel the pinch come next April with those changes.

Like, what can you do?

My one warning to directors and landlords is remember your payments on account because your tax is going to go up.

So will the.

It's on account that you need to make.

So it's going to be a double whammy.

Just bear that in mind.

You need to start saving that little bit extra because that first payment on account is going to take into account 2% rise plus the 2% in advance that you'll need to pay as well.

Raising those payments on account.

Again, I think it's just making limited companies less attractive.

She did it last year and now she's done that, it's going to get to the point where people aren't going to be limited, they'll just be a sole trader.

Because it'll get to the point where it's not going to make any difference whether you're either or no.

I mean, you know, you don't pay national insurance on, on the, on the dividends anyway.

So there is that saving grace.

But what you're getting is we still have to pay corporation tax.

Now corporation tax is at the highest, it's Been in God knows how many years.

Yeah.

And it's as high as 25%.

So whilst you may look and think right, well a director is only paying 10.75% tax on their dividends, but they've had to pay 25% tax on their profits of their company to start with.

So you know, it's, it's, it's not this, this, this golden egg that kill.

We, we do pay other taxes in other areas before we're even able to take that money out of the business.

So that's, that's going to catch a lot of people out.

Now landlords have also been.

Well, she, the, the 2% that she added on.

Again, landlords don't pay national insurance contributions.

However, in order to become a landlord, first of all you got to acquire the property.

So there is, you've had to invest and save and, and work at how you get the property portfolio to start with.

So these are people that, yeah, you know, I, I get to get extreme end things are handed down as inheritance and all the rest of it.

So there are those type of people, but then there's others that, that, that may have inherited the, you know, the parents house that they're now renting out as that little bit of extra income.

There could be people out there that are looking as property developers that have flipped a house and got their next one and worked damn hard to get two or three houses because that's what they do day in, day out.

So that's their business.

And you know, then there's the risks of the tenants trashing the houses and all of the new rights that they're bringing in.

It really doesn't make sense these days to, to be a landlord.

And you know, you, you put this property, this asset at risk every time that you get a new tenant in and you don't know how they're going to treat the property.

And, and you know, there's, there's things along those lines.

But, but in terms of what's going to happen is that there's a new taxation rate that's gone live for landlords and the, the tax now on your property income, whether you've got one property or multiples, is 22% as the basic rate.

And then I want to say, is it 40, 43?

Yeah, I was going to say 42 or 43.

I think it's 43 because I looked at, I thought that's a bit weak.

It's not 42, but I think it's 43% as a higher rate taxpayer and servers as well.

So previously, your savings, once you've used your savings allowance, which is up to 1,000 pounds a year, once you've used that, you were then taxed at the 20% on savings.

If you've now got any savings, they're going to be taxed at 22% to start with.

So she's hit savers, she's hit landlords and she's hit directors.

And then she's gone and done a really good one where she's decided that if you have got savings, she wants another little bit of that pie to stop you from saving as much next year, because she's changed the amounts of which you can save in a cash isa.

So what she's decided to do is everybody had an annual allowance of £20,000 that they could decide a split how they wanted, whether it be in a stocks and shares ISA or a cash isa, but combined, you are allowed to mix and match and put £20,000 a year away into these ISAs.

Now, she said cash ISAs £12,000, so she's reduced £8,000.

And what she says, if you want to use that £8,000, you can put it into a stocks and shares ISA so that you still keep your 20, but you're now limited of what you can put into a cash isa.

Now, personally, if you're putting things into stocks and shares, they're at a much higher risk than a cash isa.

And if you don't know what you're doing, you can actually lose money, not gain money.

And I build stocks and shares isa.

So you know.

But, but.

So, no, I say there's ISA and then go on to an app like Trading212 or.

Or what's the other one that everybody uses?

I only know the trade in 21.

21, yeah.

But basically you pick what shares you want to buy, you stick your money in and then you hope for the best that the stock market goes up.

But the stock market goes up and down and something that Donald Trump does in America will affect the stocks in the UK and a budget will affect the stocks.

All of a sudden, if you've got an economy crash, anything that's in the stocks and shares ISA is at risk.

Anything that's in your cash ISA is protected.

So.

She'S forcing people into investing into stocks and shares without being able to provide the guidance and training of what you should be doing.

On this financial advisor, we do work with one called Romani, she's in the group.

She's also called the finance woman on Instagram and She's actually going to be doing a segment at next year's expo all around how to make your money work better for you.

So she's going to be talking about stocks and shares, ISAs and premium bonds and all these other things that you can do with your money rather than just putting it in a cash ISA or just putting it in a pension.

So if you are one of those people that wants to find out more then definitely give her a shout and book an appointment with her or see you at next year's expo because she knows her stuff.

Yeah.

Another one of the things that has changed this year is the salary sacrifice.

So this is where employers use what's called a salary sacrifice scheme to provide their employees with a pension.

Now there's a couple of different pensions that they can use but the reason that they use a salary sacrifice is because they don't have to pay national insurance contributions or taxes on the money that they paying to an employee's pension.

So it's an allowable cost.

They save money and they don't have to pay the national insurance contributions.

What's happened now is that Rachel Reeves has decided that we don't like that because people are saving too much money.

The employees are also benefiting from this.

So it's not just one sided.

What generally happens is if an employer does salary sacrifice the money that would have been spent on on the tax on national insurance that would have been due on if it was wages the employee gets in their pension pot so that it boost, it boosts their pension and they don't have to pay as much in to get more out.

What she's now said is that you can only do a maximum of £2,000 on salary sacrifice and anything over that 2,000 the employee squat being taxed is subject to national insurance contributions.

So it's costing the employer more and it's also costing the employee more to do it just every which way that you know that people have tried to set these things up to serve for the future to to.

To.

To give themselves a nice retirement.

She has.

She's t. He voted for labor.

He bloody voted for Lord.

I want to know.

He rode for these absolute buffoons.

These I am text message.

Yeah.

So it's not for me.

No.

One of the other things that has has raised up in this budget is if you have an electric car.

Oh and guess what I've just bought electric car.

Up until this extend the.

Rack, set it back.

Made perfect sense for a limited company.

If you're a director of a limited company because you could get an electric car, the benefit in kind tax is really nice and low and you know your business can pay for the car and it's an allowable expense of the business.

Now what's happened charging.

So even if you've got an electric business van, it doesn't matter whether you're a sole trader or a limited company, if you've got an electric vehicle car van doesn't matter.

You will have to pay 3 pence for every single mile traveled in that electric vehicle.

How long are they checking it though?

Right, so I've had a quick look into this because I wasn't sure how this was going to happen.

They don't get MOT Shirley, because they don't have an engine.

No, they will because it still has to be roadworthy.

So what generally will happen is that you will self declare an estimate of the number of miles that you will do in the year and you pay that money to hmrc.

Then at the end of the year if you overestimated the difference will roll on to the next year.

If you underestimated then you have to pay the difference at that point to HMRC as well as estimating the following years.

So payment on account for a mileage.

Kind of but basic but, but based on the number of miles that you do.

Now the issue that you've got is if you're like me, I live in the country, my nearest town for me to go and get like decent shop is 15 miles away.

So that's 30 mile round trip every single day if I need to go in into Carlisle.

So if you live in the country you are going to inherently use your car more for day to day thing.

You know your necessities and now you're having to pay 3 pence per mile for every mile that you've traveled in a car that the government actively encouraged you to buy because was betterment and overall it'll cost you cheaper now if you already charge.

So if you charge up at home and you use the, the.

So if you charge up at home you're already paying 5% VAT on the, the electric you putting in your car.

If you charge up at one of the charging stations like on a forecourt or a service station, not only are you paying a higher rate but you're actually paying 20% VAT on the electricity that you're charging with a car with anyway so.

So the government is already getting money from the EV market via, via VAT.

On from 10 pound to 625 pound.

So you know they are collecting money and what's going to happen is, is that these cars are going to become more and more expensive to run and there comes a cutoff where now I know that they are trying to phase out petrol and diesel engines from 20, 30, 30, I think it is off the top of my head.

But realistically an electric car at the moment are more expensive than these cars.

You've now got a pay per mile.

And remember, it doesn't matter whether these miles are done in the UK or whether you do them abroad, you're still being taxed 3 pence a mile for all the miles that you do in the year, regardless of what country you're doing them in.

So this system, and I know there's been some uproar as well because there's a lot of things that people saying, well that's not fair and you're absolutely right, it's not fair.

So, but, but again these are going to impact businesses because businesses have plug in hybrids, have electric vans, electric cars and everybody that's got an electric vehicle from 2028 will need to pay this three pence or one and a half pence per mile, depending on what vehicle that you've got.

You know what I think the solution is?

Change government.

Me and you should run for prime for Prime Minister.

Everyone get voting.

Vicky for Prime Minister for whenever the election is 2029.

This is what we're going for, guys.

Vicky for Prime Ministers.

Wipe everything, start again.

We could start a petition, that'd be fabulous.

I think a couple of the other ones that they've done is customs duty.

Okay, so customs duty on packages.

One of the things that she mentioned was that she wants to make sure that online retailers aren't able to offer as good a discounts.

They have to compete closer to physical retail stores on prices.

And to do that, what she's done is that any goods that are now imported into the country from these online retailers, they have to pay import duty regardless of the value of the package.

Now previously they could import a certain amount.

If it was below a certain value, it would come in free of duty because that now it doesn't matter what value the package is, they have to pay duty.

It's going to push the prices up.

So you guys are paying more for it and therefore it's more comparable with a shop.

So give us with one hand, take away with the other.

You all get a nice new pay rise with the nice amount of wage.

But your stuff from TEMU is going to cost you more.

So I know you Watching this.

She buys a lot of stuff from timu.

Yeah, all gone up.

And that's the problem, isn't it?

It's, it's all stealth.

Why can't they just be honest with it and just say, look what we're doing?

Because people don't make promises.

Don't make promises that they might not be able to keep.

She could have just said, well, look, I'll try my best to keep taxes and stuff down, but obviously I can't promise that.

And then that.

Do you know, I'd more vote for someone like that who was just honest and said, look, this is what we'll try and do, but obviously we can't promise because we don't know what the state of the finances are until we get in at a government.

So I'm not going to promise you, but I promise you I'll try my best.

I'd rather vote for someone like that than someone that sits there and goes, I'm not going to freeze the tax wrestle when she's done and I'm not going, I'm going to be all for the working person, except the only person she's ruined is the working person.

So, yeah, they just live on cloud Cthulhu land and they're 3 million pound housings.

Yeah.

And that's the problem is it is there's a lot with this budget and there's certain group of people that it affects more than others.

My worry is what the hell is she going to do on the next one?

Because she's pretty much taxed everything.

Obviously.

The good news is, guys, she has not lowered the VAT threshold, which was a big rumor going around that she was going to lower it to 30 grand.

I personally, I was thinking about this last night, whether she was going to do that, but with making Tax Digital coming into play next year, I think she's thought, well, hang on a minute, if I lower the VAT threshold now, it's going to throw everyone into chaos when making Tax Digital is coming into play in less than 12 months.

So do we wait until that's all settled and then lower the VAT threshold?

It wouldn't surprise me if she did it, but she hasn't.

So it's still at 90,000, so we don't have to worry about that.

Which I know was a big rumor, but I reckon, I reckon MTD's got something to play with that and she's probably thought, oh, can you imagine if they loaded the 30 grand?

That would pretty much be like 90% of our clients would have to go that registered.

I'd quit.

Yeah.

I'd be like, sorry Lee, I'm not.

I think it's going to be tax digital to begin with because of the submissions need to be done.

So it is, it's going to be a tough, a tough few months from April with, with and, and a learning curve for everybody as well.

That, that is over the 50,000 pound threshold because this is something not had to do before.

And from April it's, it's mandatory and it's going to be done every once.

So it's going to be hard getting into the habit of making sure that the records are ready to submit every three months.

And those of you who are clients of ours who are earning over 50 grand, you will be getting an email office in the very near future just to let you know what your options are with regards to that and what you need to do.

But it's coming for everyone so it's, you know, I wouldn't have the attitude of oh well next year it's not going to affect me because it will air after and it comes around pretty quick.

So if you're not on software.

Yeah, I think by 2029 everyone will be on it.

But if you're not on software at the minute then please, please research it and look into it.

I think we did a podcast a few months ago on the different softwares that are out there.

Free agent being I think the top one that our clients use to be fair.

Yeah.

And it's free with a metal account so it's well worth it.

The no brainer.

And like I say, when it becomes compulsory next April, if I was a software company that had a software that people are going to have to use, guess what I would do?

Hike the prices up because they've got no choice.

I think we're already at 000's done.

It for the last year and a half.

They keep putting their prices up.

Free agent to be fair, have only put their prices up like a pound or something whereas 0 put them up an absolute fortune.

But why wouldn't you though as well?

Because they, they sent an email out to their, to their accountants for wholesale prices and on one, sorry, QuickBooks, and on one of plans they had doubled it from 10 pound a month to 20 pound a month and they literally doubled the fees for the software.

I didn't pay £2amonth.

No.

But I think everybody is hiking the.

Price because it's compulsory.

So imagine if dog grooming or dog walking became compulsory.

You're going to Put your prices up because people have got no choice.

So with free agent you can get it free with a metal RBS on NatWest bank account.

So makes sense to get that done quickly before they decide, well actually we're going to start putting our prices up.

If during the 24, 25 tax year.

So that's the one that's ended in April just gone self assessment have been until January of that's coming, just coming.

But if you don't have a separate business bank account, now is the time to get it because bank accounts, depending on what bank or building society you go to aren't instant.

So they will take several weeks to get open depending on who you go to for that bank account.

So start planning now because when April comes around and you've got to start doing those submissions, if your income is muddled in with your personal transactions, you're making life much, much more difficult for yourself.

You're adding extra work to muddle through what is business and what is personal and you're going to be adding hours and hours to your admin time.

So start the planning process now.

Get yourself a separate business bank account.

Look like Metal Starling.

There's this.

There's absolutely loads out there that offers different things, you know, some are free, some are charging you but to have a little look what's best for you and then, and then just the only thing is, is make sure that it's a separate business bank account just to make life easier for your account and for yourself.

I think a lot of accounts now probably won't take people on that had mixed it up because we especially with the digital because it's just, it is a faff.

So yes, do that.

Other than that.

Sorry to be the bearer of bad news on this lovely sunny Thursday afternoon, but it is what it is.

There's nothing we could do about it other than maybe vote more sensibly next time and not let labor in.

Although I'd be very surprised if they do get back in.

But we'll see.

I think they're all crap.

So yeah, I don't think it doesn't matter who's in there.

They're going to put taxes and stuff up.

It's inevitable.

So we can't stop it.

But it just means that we've got to plan better and work our businesses better, which is why you need to know your figures and need to know where you need to be and what you need to earn and make sure that you're pricing yourself properly and not undervaluing yourself.

So it becomes even more important to do that even more now because of what she's done.

So, yeah, yeah, make sure to prop their bank account because there's some weird, wonderful ones out there.

Yes, the likes of a Revolut.

They aren't protected.

If you put your money in that, it may not be protected up to the 85, 000 pounds.

So just double check with who you're opening the bank account with because if the bank collapses I and it's not part of that scheme, then your money is potentially gone.

So just make sure they've got a proper banking license and that the first 85,000 is protected.

Yeah.

And if you do need financial advice, please let Romney know or hit her up on the finance woman on Instagram.

I think she had from the Expo when she did her talk on pensions and income protection.

I think she's had 25 calls booked in a long week.

It just goes to show.

Yeah, it's good going.

So income protection, pensions, you know, figuring out what you need to do with your money.

Then make sure you've got a really, really good financial advisor that knows what they're talking about and can properly direct you what to do with your money.

So make sure you check her out and make sure you get a ticket for next year's expo, 3rd of October 2026.

And a lot of people, they are on sale now and I think a lot of people got FOMO from this one because they were like, I don't know what this is, you know, maybe it's going to be crap.

And it wasn't crap.

It was absolutely brilliant.

And the socials went absolutely mad the day off and the day after and for a few days after that.

I mean, the feedback was insane and we've got, I don't want to say a better lineup because the lineup this year was great.

Just, just, just as good.

Like we've just got an amazing lineup of people for next year.

I've hopefully on the cusp of getting someone pretty big that's going to be a keynote speaker for next year.

Just waiting to finalize those details and we'll let you know who that is.

But this is one not to be missed.

And if you got FOMO from this year's, you will 100% get FOMO for next year's.

So please, please, honestly.

Oh, it was the best I've ever been to.

Thank you so much.

We did get overwhelming sort of feedback from it.

We just obviously it's the first event we've ever done of that size and and loads of things could have gone wrong and it just.

It went like clockwork and everyone raved about it.

So make sure you get your ticket for next year at the Pet Pro Expo as well.

So, yes, 200 is gone and we're already nearly halfway sold out.

Yeah, we'll be at capacity and there won't be any more.

We can't, can't squeeze any more in.

So get your ticket, the website petroexpo.co.uk.

tickets and grab yours.

You can spread the payments out.

So don't worry.

There is an option on there to contact us to let us spread them out for you.

So you can get a ticket or send us Christmas.

So you've also got Klarna on there as well.

So we've tried to expand the way that we are able to take payment.

Yeah, Klarna's credit cards, Apple Pay, Google Pay and then like I say, there's a tick button on there just to do it through us personally.

And we can spread the cost over a few months.

So again, don't get FOMO because they will go.

Okay.

It was the first thing I'd been to like that and it was great.

Lots of information.

Slowly working through the speakers videos.

Yeah.

My only downside to the whole thing was I probably squeezed too many speakers into one day.

I think I got over excited of doing something and probably just crammed too many people in.

So next year we will have a couple less longer breaks and more time with the speakers.

The own great time as well.

Yeah.

So learning curve, don't try and CRAM, you know, 30 people into one day because it didn't work.

But they were all amazing and everyone kept concentration till the end of the day.

But yes, we'll have few less speakers and more space and time.

That was really nice as well, I must admit.

I mean, I was, you know, you never know, do you?

Because sometimes, like Buffy, food's shit.

But it was, it was, it was lovely.

Everyone was raving about the chips.

Yeah.

And there's extra things for next year's as well.

So we've got an implementation webinar for afterwards for everyone to catch up and put into practice what they've learned.

We're going to do a panel Q and A at the end so people can throw questions at all the speakers and we're going to have a networking party afterwards where we all get drunk and mingle.

So there we go.

A few extra bits for next year as well.

Yeah.

Be there or be square.

Fairly October.

Well, with parking, we.

It's Initially I thought, oh Christ.

Separate parking from the venues.

I thought that as well.

Cross the road.

It was literally a two minute walk, multi story car park straight into the hotel attached to the venue.

I mean outside you didn't, you didn't have to go outside if you do.

And it was, it was brilliant.

The cookies were good as well.

Yeah.

Because I, I thought, because obviously we have to pay for like the food and drink and stuff and they said like morning coffees and pastries.

I thought they would like cut it off.

Yeah.

But they didn't.

They just kept on topping the coffee machine up and would bring cookies out and pastries throughout the day and I thought, oh, bloody hell.

Yeah.

So no, venue was really, really good.

So it's east side rooms in Birmingham, 3rd of October.

So yeah.

Oh, someone's put, got my appointment with room and he stay.

Fabulous.

Good.

She's amazing.

So.

Yeah.

So get your tickets, have a listen if you're watching on replay.

I'm driving next year.

Yeah.

Trust us to have a bloody first event when this bloody storm hits.

Bloody storm cold.

Yeah.

And I thought, oh, here we, here we go.

No one's going to turn up.

But like there's about 180 people at Brave de Weather and it was amazing.

And we all got drunk on Saturday, so.

And everyone mingled.

It was just nice, it was just a nice atmosphere.

So we'll have the same again next year please peoples, and we'll see you there.

And it's different speakers, different topics again.

So if you did go this year, you, you're going to pick up something different next year because that's the aim of it is that we'll try and change it up every year.

And again, you know, we may have some of the same speakers back those, that, that, that were received exceptionally well last year.

So.

But, but we will have new speakers, new topics.

So for everybody, whether you're a groomer or walker boarder.

I do try and get speakers from across the land that aren't just focused on one specific industry.

So again that's something I'm trying to do.

So there'll be someone there for everybody.

And I say they're all generic business topics so don't worry what it is you do, they should all be relevant to your business.

Yeah.

But other than that, guys, we're gonna skedaddle and we.

Oh, we won't be here next week because my mum's getting married so I will be at her wedding next Thursday.

Maybe I'll do a live from there.

Live in.

Yeah.

Live of Jude getting married.

Maybe we'll do that just for a laugh.

But yes, other than that, we'll see you the week after and then we'll be having a couple of weeks after over Christmas.

But we will.

We are closed over Christmas and so we close our doors round about the 19th of December.

Yeah.

And that's going to be us until around about the 4th of January.

So payroll, if you are a payroll client, where Jodie's going to be reaching out to you just to get your payroll hours before we break up so the payrolls can be run.

If you're a self assessment client and you haven't got your paperwork into it yet, please, please send that in before the end of this month because there comes a point where we just can't get through all of the work in time.

So really, really important, many hours in it, didn't it?

We need those records in like underlying matter of priority.

If there's any reason why you can't again, just, just let us know, reach out so at least we can plan rather than have everyone do it in January.

So just, yeah, give us a ring, drop us an email.

Yeah, yeah, try and get it in people.

Grand.

Fantastic.

Thank you very much.

Don't like working at Christmas.

Not work at Christmas this year.

I need some time off.

Yeah.

But have a good week everyone.

Hope you enjoyed listening.

Remember to subscribe to the podcast, the Pet Out Podcast and we'll catch you in a couple of weeks.

Ciao for now.

Thanks for listening.

If you've enjoyed my podcast, don't forget to subscribe for me and if you want to speak to me, please visit my website@www.petaccountant.co.uk and if you'd like to join my Facebook group which is full of like minded pet professionals, then search accounting for pet Professionals in Facebook and I will see you there.

Sa.