Pay off mortgage and start having fun!

lulabelle1

newgirly wrote: »

I am sure that will be the case eventually lulabelle. I have to say although we are about to start taking advantage of this , it wrong that our staff on lower wages have to pay more tax through Paye. Surely one way of taxing for every type of income would be a much fairer system. But of course, we will still be doing it

Agreed, but don't forget, that your company has already paid Corporate tax on the profits before you take the dividends and then the dividends are taxed again anywhere from 7.5% to 38% (from April), so you really are paying your fair share to the revenue
And, you're giving people jobs

getmore4less

The real savings on using dividends come from no NI payments.

In the past for most people it was Tax neutral.

If you pay yourself just enough to get the NI credit you save 25.8% on NI on around £32k(ish) and 15.8% on over that

newgirly

Company taxation and shares is something I have never known much at all about (along with pensions!) thanks for the advice

I have managed to spend money today before even getting up, £8.99 and £6.99 on two 50's style swing dresses heavily reduced in the sale at l*indy bop with free delivery. Plus I have ordered them in a size 12 which is a size smaller than I am , so I have to lose weight so I can wear them in summer They are going to hang with n view in the bedroom until I can wear them as a "look what money you will have wasted " incentive :rotfl:

So, to round up this week :

Non mse stuff:

Buying an iPad
Buying dresses
Leaving the heating on overnight after sticking it on to dry emergency school trousers
Buying wine I should not be drinking
Passport for dd -£ an arm and leg.


Mse stuff :

Lots of lentil curry
Barginous veg
Heating off nearly all the time
Dyed own hair and cut :eek: - it does look really good though surprisingly
Lunches to work as usual
Saved electric by not hoovering all week

lulabelle1

Loving the electricity saving!!

Goldiegirl

newgirly wrote: »

Back in the land of mse . My old iPad developed the same problem again which cannot be fixed, the tiny free one I got with my phone doesn't work properly, so I went out last night and bought an iPad 2 mini.

It's a lot smaller but it was so much nicer using an iPad so after trying to decide all week should I get a £39 cheaply tablet or a new iPad I took the plunge :eek: £219 from mr t as I may buy the care plan for damage from them too (never done this in my life but I have a bad track record ) anyway, I have lots to catch up on now

I have spoken to the accountant , and we are paying ourselves through dividends as well now, it means more income for the moment and hopefully longer term without much extra cost to the business, relatively speaking.

Most business owners do this , but do has only been the sole shareholder for a short while. Business wise it been a very tight this month, we knew it would be but it has to pick up soon hopefully. The extra money will hopefully give us a lots more breathing space with making the mortgage payments.

Spending this week ok except from an iPad it has to be the most spendy January we have ever had - February will be the start month for me this year as Jan has gone so badly.

Can't get the colours working on the iPad which is annoying so will use smileys for colour instead!

:D:D:D:D:D:D:D:D:D:D:D:D:D:D:D:D:D:D

Update Jan:

Mortgage £1839
Loan £689
Cc's £78

Back later to update all balances this month as am still in bed and don't have them

I bought the 1st generation iPad mini shortly after it was released.


I love the size of it - it's so portable and will fit in my handbag. I think a normal sized iPad would have been way to big for me.


Muser, It still gets all the IOS updates, so I should imagine the 2 will be ok for some time yet

Muser1

Thanks that's good to know.

newgirly

A quiet day today spent washing and looking at the finances (again!)

Non mse stuff:

Heating on all day
Ate more food than I should
Do bought beer and Coke from local shop

Mse stuff:

Batch cooked roast spuds for freezer from mountains we have to get through from farm shop last week

Worked out a new budget - almost the same as the last one but with a bit more oping

No alcohol and nsd for me

Stayed in and watched 2x movies with dd , very lazy!


Can't remember if I mentioned that we are both going to the Harry Potter studio tour again in the Easter holidays, it's visit 4 for me and 5 for dd. This time with best friend and her kids who have never been, Is it ridiculous to still be excited? I am really looking forward to it!

Weight loss has stopped, today I decided that giving up alcohol is the only way I am going to kick start it again, so although it pains me to say it I think I need to do a dry Feb my birthday is 2nd March and I am out for a girls charity fundraising night on the 1st to the Indian restaurant around the corner, so perfect timing to start again :rotfl:

I worked Saturday and so have Monday off this week, I really hate Monday's with a passion , even though I will spend most of the day ironing I am over the moon.

newgirly

The cc can be used from tomorrow, so I have just done a big online shop of £103 :eek: that's like a xmas shop for us. Mum gave me a book she just bought which she didn't like, deliciously Ella. It's all healthy vegan receipes, so I have ordered Some new things to try, almond butter, almond milk that sort of thing.

So feb's health pledge is:

Be almost completely vegan - sounds daft, but it's too much hassle to not eat bread etc. So it's 99% vegan

Cook from scratch min. 6 days pw for the family, every day for me.

Wear Fitbit everyday and walk min 5k a day (hopefully a lot more)

Lose half a stone

Drink water more

Be alcohol free


Febs non health pledge is:

Be far more organised in the home- evening/morning routines

Spend more on healthy new food and less on everything else

Spend more time chattng to kids in evening - they may not like this :rotfl:

Spend less time bending dh's ear about work/the kids - he will like this :rotfl:

Arrange to see friends as much as possible

Get to bed earlier

Get up earlier

Read a book (this is my shameful secret, I hardly ever read anymore)


That's it

Muser1

Excellent list. I need to do most of these.

newgirly

Good look muser

To do list for the day:

Finish all washing .....about half done
Change beds ........done
Ironing up to date .........done
Make soup for work.......didn't fancy it
Ditto lentil curry, spag Bol amd Nutella muffins for kids......done and a butternut squash curry
Meet mum and aunt for a coffee at shops to take back clothes I bought with xmas voucher at primarni.......done
Go to another town to take back a top for ds2 that doesn't fit .........done
Ring bank- statement has not been created for cc even though I changed date and big shop being charged today .......done
Email accountant..........done





Cleaning:

Bathrooms
Kitchen
Hoover everywhere........done
Boys rooms........done
General tidy/put away......done
Clean out cutlery draw tray (trying to clean every corner of the kitchen thoroughly over time ) ........not done!
Clean fridge........done

Most things done today and I also went to a Zumba class for the first time in years-hard work:eek: steps walked 12,834 calls burnt 2387 and eaten 1320.

Phew