No Accounting for Taste podcast ep10: IR35, AML and entrepreneurial mindsets
This week the No Accounting for Taste team look at the latest IR35 tax case, an argument over what constitutes ‘advice’, the government’s big fintech conference and whether accountants should aspire to emulate Silicon Valley’s entrepreneurial mindset.
Joining AccountingWEB editor Tom Herbert to tackle the week’s news in accounting were Richard Hattersley and Francois Badenhorst.
The pod started by discussing an unusual tax tribunal defeat for HMRC in an IR35 case. Independent construction contractor Mark Daniels won his appeal against HMRC in the second IR35 ruling to emerge in two months, adding further complexity to IR35 determinations and undermining HMRC’s employment status tool.
There was also lively discussions on what constitutes a tax adviser, the seemingly unstoppable march of fintech and Philip Hammond’s indefinable hairstyle.
Finally, Tom pulled up his soapbox and embarked on a mini-rant about the incompatibility of the 'entrepreneurial mindset' with what clients and the government expect from accountants.
Enjoy the podcast, and if you’d like more information on the stories discussed here are the links:
- IR35 case loss turns the tables on HMRC
- Firm denies MLR failure: ‘We’re not tax advisers’
- What we learned at: The International Fintech Conference
- The Accounting Excellence Awards are open
To listen to the show click the play icon in the box at the top of this article, visit our Soundcloud page or subscribe wherever you get your podcasts.