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…

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 multipl…

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-accounting…

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 turnaroun…

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 busi…

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 mor…

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 Hattersl…

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 tal…

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…

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. F…

This year’s autumn statement couldn’t have been more different than last year’s. Back in November 2022, the Chancellor warned the UK of the “storm” of tax rises. But only 12 months later Jeremy Hunt was announcing cuts to employee and self employed national insurance and making the full expensing capital allowance scheme permanent in what he called…

With so much hype around how the current wave of generative artificial intelligence tools will change accountancy, comparatively little focus has been given to what accountants actually doing the job want or need from the new systems. AccountingWEB technology editor Tom Herbert hit the floor at the recent 2020 Innovation conference to find out what…

Dan Neidle joins the AccountingWEB team on the podcast this week to discuss his recent investigation into Property118, the Autumn Statement and tax complexity.Dan is the founder of Tax Policy Associates, a not-for-profit company, that aims to improve tax and legal policy and public understanding of tax. Before his work with Tax Policy Associates, D…

As the witching hour draws near (and we don't mean the Autumn Statement), AccountingWEB is joined by Glenn Martin, founder of Avery Martin to discuss some of his favourite nightmare-inducing experiences in practice. From dealing with ghoulish governmental bodies, to cursed clients, be prepared: you're in for a scare!Also on this week's spooky pod, …

the seemingly endless issue of late payments is one that's been covered extensively on AccountingWEB. Acting as a millstone round the necks of not only small firms and SMEs, but the wider UK economy itself, late payments are putting increasing pressure on businesses up and down the country.Yet, with the government moving to urge big businesses to p…

Last week, HMRC announced that the removeal of its 10-minute call waiting time target for the Agent Dedicated Line, as well as re-routing its PAYE calls. For the accounting community, the news was a depressing, yet unsurprising revelation, with many agents regularly finding themselves waiting for well over HMRC's previous target.For Richard Wild, h…

With so many time-saving tech tools available to the modern accountant, why is the profession busier than ever? What did Xero announce at their big Sydney summit? And what has HMRC done to agent VAT authorisation? Our panel of experts get to grips with these questions and more on the latest edition of our No Accounting for Tech podcast.Joining Acco…

With intense deadlines, demanding clients and the ever-lurking threat of fines dangling above your head, accounting can be a stressful profession to join. With the Any Answers community asking whether the pressure of the job is worth it, podcast guests Rachel Harris and Lucy Cohen sympathise with their fellow accountants. As the leaders of their re…

Once a staple on the UK highstreet, the ever-present retail giant has been subjected to a spectacular fall from grace after falling into administration last week.Citing supply chain issues and the cost of living crisis as main drivers for its downfall, Wilko's future remains uncertain as administrators continue to weigh up bids.While Wilko's collap…

As costs continue to rise across the board, it's no surprise that the age-old conversation of fee increases has resurfaced on AccountingWEB.In a recent episode of Any Answers Live, one viewer admitted that they had not increased their fees in over a decade, due in part to the fear of confrontation. Yet, in light of inflationary pressures, is this s…

HMRC's HMRC’s accounts, consultations, as well as it's annual Charter report has finally been released. Now that the dust has settled, the newly released documentation has been thumbed through by the AccountingWEB team to give you the lowdown on the tax authority's reports.To help us sift through the papers, we are joined by Glenn Collins, Head of …

As accountants feel the pressure over increased scrutiny of their AML reporting, the Treasury has tabled a new consultation that is set to overhaul anti-money laundering supervision as we know it.The Treasury have put forward four new ideas that could potentially reform the supervision of accountants and lawyers' compliance with money laundering re…

This week’s podcast picks through the bones of the blistering NAO report on Making Tax Digital in the company of Richard Wild from the CIOT and Andrew Burman from global tech firm Ryan. The panellists discuss the criticisms levelled against the tax transformation project and examine what can be done to get it back on the rails.…

After some expert sleuthing from our tech editor Tom Herbert, AccountingWEB discovered that the government's much-lauded 'Help to Grow' scheme, designed to small businesses adopt new technology, including accounting software, shut up shop hitting a paltry 1% of its sign-up targets.Costing the taxpayer around £30 million, many were left some firms u…

With the news that HMRC was closing its VAT helpline on the 22nd May, a mere five days after its announcement, the AccountingWEB community were unsurprisingly incensed about the decision. And with the date of the closure spotted to be a whole year out of date, accountants are beginning to feel a "sense of chaos" from HMRC. On this week's episode, R…

Two accounting tech specialists join AccountingWEB technology editor Tom Herbert this week to discuss the themes running through the recent software conference season, with the biggest undoubtedly being the explosion in artificial intelligence tools available for accountants.Av AccountingWEBUK

On this week's podcast, the AccountingWEB editorial team discusses ICAEW's letter to HMRC urging the tax authority to consider "fresh thinking" over the much-maligned MTD ITSA, and they round up the latest updates and announcements from the accounting tech vendors. Due to a delay from HMRC earlier this year in introducing MTD ITSA, many believed th…

Richard Hattersley and John Stokdyk discuss the growing emphasis accountancy firms are putting on recruitment, employee engagement and training and development.After looking at client service and process, the AccountingWEB team explores the Accounting Excellence pillar that ensures the practice runs smoothly - people. In many ways, this is the most…

The number of e-commerce businesses launching in the UK continues to rise dramatically, meaning that demand for e-commerce accounting services is also at an all-time high. However, many accounting firms are struggling to tackle the unique challenges posed by the sector, citing messy data, knotty compliance issues such as VAT and Brexit, and a pleth…

On this week's episode, the AccountingWEB team discusses the growing burden of anti-money laundering regulations, GoSimpleTax's acquisition of Coconut and are later joined by Will Farnell to discuss the philosophy of the human-led firm.With regulators ratcheting up fines and accountants struggling to keep up, tightening AML regulations continue to …

This special episode of the podcast explores the latest trends in accounting software, and how for many firms thoughts have now turned to how to streamline practice processes, chase late clients more efficiently or boost firm revenues. For full details visit the show page here: https://www.accountingweb.co.uk/content/no-accounting-for-tech-ep14-wha…

Just before the Easterweekend, it was reported that HMRC have decided to restrict the Agent Dedicated Line from April 17.The controversial move by HMRC highlights yet another example by the tax authority to transition towards its 'digital by default' vision of nudging agents towards online services.Yet, what does this mean for tax agents still rely…

Richard Hattersley and John Stokdyk are back once again with a brand new episode of Secrets of Accounting Excellence. This week's episode shines the spotlight on process and efficiency, an area filled with opportunity for the ambitious firm. Whether it's implementing tools to boost efficiency, or striving for continuous improvement amongst their te…

On this week’s podcast FreeAgent CEO Roan Lavery tells AccountingWEB tech editor Tom Herbert about his part in the company’s growth from a side project into a major player in the cloud accounting industry and where he believes the vendor’s future direction lies.Av AccountingWEBUK

News of an unnamed OnlyFans creator who claimed cosmetic dental work and breast implants as a business expense created a media storm last week. One newspaper raged, ‘close 'loophole' that lets OnlyFans stars get tax breaks’. But there is more to this story than the headlines led you to believe. Today on the show we speak to Rachel Harris, the accou…

Join AccountingWEB's Richard Hattersley on a deep dive into the world of Accounting Excellence in the first episode of our brand new podcast series. This week, Richard is joined by editor at large John Stokdyk, as well as previous Accounting Excellence award winners Madison Dennis from Pink Pig Financials and Writer's Tax Jonathan Ford, to discuss …

Mayday CEO David Tuck joins the podcast to discuss being an accountant at a tech startup, how his new firm is setting out to ‘mend month end’ for larger companies using SME accounting software, and what the accounting profession can do to make itself more attractive to potential new recruits.Av AccountingWEBUK

As the dust settles on yet another Spring budget, Richard and Tom, alongside guests Beth Steer, Chris Campbell and Nimesh Shah digest the day's big announcements and discuss how the Chancellor's budget may affect clients in the future.Av AccountingWEBUK

The No Accounting for Tech podcast was recorded live from QuickBooks Connect London 2023. Situated at the former fish market in Old Billingsgate and overlooking the River Thames, QuickBooks’ first UK conference in four years saw the provider announce a raft of new products and enhancements.In her first QuickBooks Connect as UK general manager, Jola…

On this week's No Accounting for Taste, the Aweb gang are joined by Director & Co-Founder of Juno Sports Tax Sophia Thomas, as she breaks down the various intricacies facing the sports accounting profession.Recently being added to the prestigious Football Black List, a celebration of black excellence across all aspects of the beautiful game, Thomas…

Accounting tech stalwart Sabby Gill joins the AccountingWEB podcast this week to outline his views on the government’s delay to MTD ITSA, the tricky line growing SaaS companies have to tread when it comes to pricing their services, and where he hopes to take the company over the coming years.Av AccountingWEBUK

This week on No Accounting for Taste, Richard is joined by Aweb's Editor at Large John Stokdyk and Accounting Excellence alumni/judge Bhimal Hira to discuss the opening of this year's awards entries, as well as some exciting new changes to one of the accounting calendar's biggest events. Also on the podcast, the panel discuss the recent news that t…

Cloud accounting royalty joined the podcast this week in the form of Xero’s first UK managing director Gary Turner. In 2021, Turner took the decision to step back from Xero after nearly 13 years at the helm. During his time with the Kiwi cloud company, Turner took them from three employees and a turnover of £56,000 to an annual income of £150m from…

SuiteConnect London 2023 was the cloud vendor’s first in-person UK conference since 2019, and the NetSuite team announced a series of product developments to bolster its efforts to win the hearts and minds of UK mid-market businesses, including planning and budgeting tools, a billing engine and enhanced analytics capabilities.With the launch of Net…

This week on No Accounting for Taste, the AWEB gang is joined by Louise Herrington, founder of Performance Accountancy, to discuss what has, once again, been a full on self-assessment season.Touching upon all of the SA pain-points, from late filing clients to HMRC delays, the panel ask themselves how this year's busy season has gone and whether the…

Since its release in November, ChatGPT has made headlines across the tech world, with millions of users instructing it to perform a dizzying array of different tasks – telling jokes, writing code, and, most pertinently for us, exploring its applications for accountancy.Jess Slack is a chartered accountant, part-time finance director and Excel train…

As we wave goodbye to 'Blue Monday' and the first half of busy season, Richard and Tom sit down with Boddice Accounting's Vicki Boddice to discuss how the week's biggest accounting stories.Touching upon the recent news that insolvencies were up 32% compared to the year before, the panel discuss how businesses are struggling through the economic sto…

AccountingWEB tech editor Tom Herbert speaks to Darren Fell, CEO of Crunch and pioneer of a concept he calls ‘accounting as a platform’ which combines the company’s own accounting software with a digital network of micro-practice accountants.Av AccountingWEBUK

On our first episode of 2023, Richard and Tom are joined by first-time guest Mitch Hahn, CEO of Nordens Accounting, as they look to make sense of what is already looking to be an interesting year for the profession.With the christmas decorations packed firmly back up in the attic, accountants are back from their break with the knowledge that 5.7m t…

As the madness of 2022 draws to a close, Richard Hattersley and Tom Herbert sat down with tax experts Rebecca Cave and Paul Aplin OBE to take stock of what has been a year of drama and upheaval in the accounting world.Touching on everything from chaotic government u-turns to the recent MTD ITSA delay, our panel left no stone unturned in reviewing w…