Richard Murphy is a professor of accounting practice at Sheffield University Management School, a chartered accountant and an economic justice campaigner. He joins AccountingWEB for a new episode of No Accounting for Taste. Discussion begins on Labour’s plans to raise an extra £5bn a year by tackling tax avoidance. Murphy offers his take on whether shadow Chancellor Rachel Reeves is looking in the right places and whether she is speaking to the right people. Murphy’s taxing wealth report is shared as he discusses that with certain measures, £90bn could be raised. Talk then turns to the Institu ..read more

After the Easter weekend, the AccountingWEB team joined for another episode of No Accounting for Taste. Tom zeroes in on HMRC matters, exploring their new One Login service, questioning why now and what impact this will have. He also delves into recent complaints lodged against HMRC after their letter to Devonports LAS accountants contained multiple errors. The team asks how a letter like that gets posted and how are they written. With the recent news that the Accounting Excellence Awards are now open, Richard looks back at the entries from last year and discusses the most common trends and ch ..read more

AccountingWEB’s technology editor Tom Herbert is joined by experts Natasha Everard from Bewitching Bookkeeping and Bhimal Hira from Prysm Financial to share their insights into what's hot and what's not on the accounting technology runway in 2024. For full shownotes visit: https://www.accountingweb.co.uk/tech/accounting-software/whats-on-accountings-spring-software-shopping-list ..read more

The team discuss what they got up to at the Festival of Accounting & Bookkeeping (FAB), coming back together for another packed episode of No Accounting for Taste. Just before we hit record, HMRC made a sudden U-turn on the decision to make permanent cuts to the helpline. Matthew, Richard, and Tom delve into the ensuing chaos and the swift turnaround in their decision. A popular topic at FAB, Richard speaks about the government consultation to regulate the tax advice market. He looks at what this means and what accountants have to say. Tom moves on to a fraud case where cybercriminals stol ..read more

On this week’s No Accounting for Taste, it’s all things Spring Budget. Chatting with Allica Bank’s Conrad Ford, Richard and Tom look at Jeremy Hunt’s “Budget for long-term growth”, questioning whether this was the pre-election Budget they were expecting. This session is sponsored by Allica Bank, who provides full-service banking for established businesses in the UK ..read more

Alongside Richard and Tom we welcome our new deputy editor, Matt who will be joining the No Accounting for Taste podcast. A big story this week was the U-turn made by the government regarding double-cab pickups. Richard looks at what happened and what this says about the government. With self assessment been and gone, HMRC provided Tom with some more interesting statistics. Tom shares the percentages of how many tax returns were filed by agents, how many were filed digitally and what this all means for making tax digital. In other HMRC news, Matt speaks about the name and shame made by HMRC fo ..read more

Join the AccountingWEB team as they talk about the deepfake CFO scam alongside all things post-self-assessment. An excerpt from this week’s Any Answers Live, discusses the highs and lows of busy season with Rebecca Williams and Claire Bartlett. With this year’s self assessment been and gone, and 1.1m taxpayers missing the deadline, Richard Hattersley and Tom Herbert talk about deadline day statistics, the late and last minute filers, and the HMRC helplines. Now that tax returns are no longer a concern, attention shifts to the beginning of practice software shopping for practitioners. Predictio ..read more

Lucy Cohen joins the AccountingWEB team on the podcast this week to discuss the challenges of this year’s self assessment season, receiving a multimillion-pound investment in her firm and MTD ITSA testing. With just under a week to go before the self assessment deadline, and 3.8m taxpayers still needing to file, the AccountingWEB editorial team talk about the late filers, the missing information, the client chasers, the late nights, the long HMRC helpline wait times and much more, as we chart the highs and lows of this year’s busy season. Lucy Cohen, the co-founder of Mazuma Accountants and sp ..read more

What does 2024 have in store for the accounting profession? Dan Heelan joins the AccountingWEB team to predict the big topics that will shape the year ahead. In this episode of No Accounting for Taste, the AccountingWEB team and Dan Heelan, a director at the accounting firm Heelan Associates, cast their eyes over the ongoing developments in the Post Office scandal. The Post Office scandal is one of the biggest miscarriages of justice in British history, where postmasters were wrongly accused of theft and false accounting, and was the subject of a recent ITV dramatisation of the scandal. While ..read more

This week’s podcast rounds up the year that was 2023 in accounting tech, with guests Billie Mcloughlin and John Toon joining AccountingWEB tech editor Tom Herbert to discuss the impact of AI on accounting tech, what's going on with anti-money laundering technology for accountants, and how the gap between the tech haves and have notes is widening. For links to the items discussed on the show visit: https://www.accountingweb.co.uk/content/no-accounting-for-tech-ep20-accounting-technology-year-in-review-ai-aml-and-integrations ..read more