AccountingWEB

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, Dan spent almost 25 years as a tax lawyer. He join...

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, AWEB editor Richard Hattersley reveals all from h...

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 pay up on time, could we finally see a shift in th...

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, head of tax technical team at the Chartered Instit...

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 AccountingWEB’s technology editor Tom Herbert on the...

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 respective businesses, Cohen and Harris have been th...

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 collapse may seem sudden, how exactly did it get to th...

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 strategy sustainable anymore? Joining us on the po...

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 Technical and Strategic Engagement at the ACCA, w...

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 regulations. The options ranged from bolstering the...

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 unsurprisingly angry at the way the scheme was han...

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, Richard and Tom are joined by contributor Jason Cro...

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.

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 that the widely criticised policy would remain absen...

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 important pillar, because if your people are no...

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 plethora of ever-changing platforms to keep up with. Jo...

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 cause headaches for practitioners. And, with the...

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-whats-on-accounting-firms-software-shopping-lists

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 relying on more traditional means of communication, a...

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 team, accountants can transform the operations by en...

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.

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 accountant of this unnamed OnlyFans creator, and find o...

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 one of the key pillars of accounting excellence -...

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.