the Accounting Influencers Podcast reviews the big UK government u-turn on making tax digital and whether tax authorities have too much power in accountancy - Accounting Influencers Podcast

Episode 27

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Published on:

12th Oct 2021

NEWS - UK Government Stalls on Making Tax Digital - a Big Surprise?

Episode 27. In today's news episode, the Accounting Influencers Podcast reviews the big UK government u-turn on making tax digital and whether tax authorities have too much power in accountancy.

Key shownotes include:

➯ The comical government u-turn on making tax digital or MTD

➯ How even HMRC officials didn't know the 12 month deferral would be happening

➯ The wasted time accountants and firms have spent on becoming MTD ready

➯ What time wasted on MTD could better have been spent on for accounting firms

➯ Implications of MTD for countries out side the UK given this is a worldwide initiative

➯ The impact for accountancy practices of having to chase legislation instead of growing their firms

➯ The critical decision accounting practitioners need to make as a result of government intervention

➯ How MTD affects the wider accounting and fintech ecosystem with vendors and clients

➯ How MTD has driven accountancy firms down a compliance vz advisory route for many years

➯ Proof of how MTD occupies accountants as judged by the popularity of tax legislation related seminars

➯ How to share your views with us on this topic by going to sayhi.chat/aip

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About the Podcast

Accounting Influencers Podcast
Host Rob Brown shows accounting professionals and leaders how to be more influential, grow their personal brand and be more authoritative, relevant and high profile in their roles..
The Accounting Influencers Podcast, hosted by Rob Brown, is a must-listen for accounting professionals looking to strengthen their leadership presence, stay informed on disruptive forces in accounting and build credibility within their firms. Geared toward firm leaders, managers, partners and influencers, the show covers key topics like career development, influence, personal branding and interpreting the evolving trends impacting the accounting world. Rob brings his expertise to each episode, offering insights and guidance on how to grow your personal brand and stay strategically important in a rapidly changing profession. Whether you're aiming to influence within your firm or expand your reputation outside of it, this international podcast offers practical advice and forward-thinking insights that will keep you informed and prepared for the future.
Accounting leadership
Executive presence for accountants
Building influence in accounting
Accounting industry trends
Personal branding for accountants
Accounting firm strategy
Accounting business models
Leadership in accounting firms
Talent management in accounting
Authority in accounting profession
Career development for accountants
Accounting firm growth strategies
Influencers in accounting
Accounting firm management
Disruptive forces in accounting
Accounting leadership strategies
Accounting career success
Accounting firm decision-makers
Accounting business trends
Building credibility in accounting

About your host

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Rob Brown

Rob Brown hosts the multiple accounting podcast and chair conferences, panels and events globally for the accounting and fintech profession. He is co-founder of Accounting Influencers Roundtable (AIR) which helps vendors, experts and influencers serve the accounting and finance world. He is a dynamic speaker and accomplished expert on trust, reputation, employer brand, talent, career development, succession, gen z/generations, employee advocacy and executive presence. Rob is author of the bestselling book Build Your Reputation (Wiley) and his TEDx talk ‘The Personal Brand of You’ has been viewed 400,000 times on YouTube. He is a stroke survivor, has epilepsy, is a committed Christian and has a black belt in kickboxing. He is based in Nottingham UK, home of Robin Hood, plays chess and backgammon, loves orange chocolate and is allergic to grapefruit.