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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 Institute of Chartered Accountants in England and Wales’s (ICAEW) annual accounts being recently published. The team alongside Murphy looks at the funds paid to the ICAEW as a result of fines and penalties given to chartered accountants, whether things have changed in the accounts and what’s next for the reserves.

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 challenges. Interested in starting your entry for Accounting Excellence? Click here.

Matt closes off the podcast by recounting an interview with AJ Chambers’ James Gosling, speaking about M&A trends. They talk about issues with succession, consolidators and firms struggling to retain talent.

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

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 stole £53,000 from an accountant’s Revolut business account. He details Revolut’s response and explores the rules of reimbursement.

Lastly, we hear from a special guest, Kate Bell, farms and estates partner at Albert Goodman on the trials and tribulations of farming, its need for stability and how they are navigating tax measures. Kate talks about the impact that basis period reform, double cab pick-ups and the furnished holiday lettings regime has had on farming.

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.

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 for employers who failed to pay minimum wage. Matt talks about the big names involved, reasons why this might have happened and whether naming and shaming was the correct approach.

And finally, the sad news of the death of actor and comedian Ewen MacIntosh, who played big Keith in The Office, prompted the team to remember MacIntosh’s impact on the fictional accounting world.

With only three weeks away, we also get a sneak peek of what the team are looking forward to at the Festival of Accounting and Bookkeeping (FAB).