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No Accounting for Taste ep161: Richard Murphy on Labour’s plans, the taxing wealth report and ICAEW’s accounts

Richard Murphy joins the AccountingWEB team on the podcast this week to discuss Labour’s plans to tackle the tax gap, his taxing wealth report and ICAEW’s annual accounts. 
 

18th Apr 2024
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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. 

Show timings 

  • 1m02s Labour’s plans to tackle the tax gap
  • 6m45s Focus on HMRC’s digital modernisation 
  • 13m20s Rachel Reeves’s plans  
  • 18m58s Richard Murphy’s taxing wealth report 
  • 29m25s ICAEW’s annual accounts 

Show notes

Listen to the podcast by clicking the “play” button above or by searching for AccountingWEB in your favourite podcast app, Spotify or Amazon Music. 

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By Anthony101990Jones
27th Apr 2024 06:45

Nice and interesting post. Thank you for sharing.

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