No Accounting for Taste ep77: JSS, SEISS and meditation

The founder of the Accountancy Practice, John Froggett joins host Richard Hattersley and John Stokdyk in accountants’ corner this week. Frogett has reason to celebrate as his firm recently made the small firm of the year finalist list at the Accounting Excellence awards.

The glitz and glamour of the Accounting Excellence awards contrasts with the firm’s humble beginnings. Froggett started 20 years ago with a cheque for £250 and an office set up in his garage

Froggett and the AccountingWEB team reflect back over the compliance-heavy headlines which were dominated by the coronavirus support schemes, including further tweaks to the self-employed income support scheme and the Job Support Scheme. A keen singer himself, Froggett is concerned about those falling through the net like musicians and venues.

This constant treadmill of guidance from the government has had a knock on effect on accountants and their wellbeing. With accountants contending with the prospect of self assessment and a second spike worsening their heavy workload, Froggett talks the team through his own meditation routine – and explains how this eases his work stress.

Stories discussed on the podcast  

• SEISS grant to be 40% of average profits 
• Musicians struggle as Covid support hits the wrong note
• Horrors hidden in import VAT rules 
• Brace for Brexit: Postponed Accounting
• The employment allowance dilemma 
• Holiday pay and entitlement changes impact employers 
• New Job Support Schemes: get the details right
• Find out more infomation on The Accountancy Practice