Victoria Clark - the Pet Accountant
Delving Into the Realms of HMRC By Victoria Clark - The Pet Accountant
T
he Pet Accountant is a business dedicated to helping Pet Professionals with all things finance and taxes. Since the start of the year I have taken part in many live chats with various facebook groups and more recently joined the lovely Colin Taylor on an episode of his podcast. What this highlighted for me, was the industry is in serious need of some help around these topics and in a way that is jargon free and relatable to the industry. HMRCs website as we all know is not easy to navigate at the best of times. My mission is to get people in the grooming industry talking about this topic, to understand its importance and
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to take control of their finances. I want to give you industry specific answers and advice in a way that’s easy to understand and follow. And of course to show you that not all accountants are generic Geoffs or corporate Carolines. So let’s get started. One of the most important aspects of any business is finance, yet this is the one topic that I have come to learn, is not spoken about much in the grooming world. Since I started to dedicate my services to this wonderful industry at the beginning of the year, it has become clear that this is an area that people don’t feel comfortable with and tends to be last on the ‘to do’ list. The UK has been through some
difficult times over the last 18 months and it is more important than ever to get your finances in order. It has been tough on a lot of businesses, especially groomers, with the constant stopping and starting and the ambiguity around welfare grooms, business rates and those local authority grants…if you managed to get one. The pandemic has highlighted to many that they were not in control of their finances and also shone a light on the self employed and tax returns. People quickly realised that they were not going to receive any help from the government because they had not submitted their tax returns on time or even at all, which had a detrimental