No Accounting for Taste ep88: IR35, VAT, and the easing of lockdown restrictions

AccountingWEB legend Glenn Martin joins the No Accounting for Taste team to discuss the easing of lockdown restrictions and to chew over the big headlines from the past week, including IR35, Xero’s latest acquisition and VAT. This month sees the re-opening of significant parts of the indoor economy and outdoor settings on 12 April in England, as the country takes the next step in its exit from lockdown. AccountingWEB member Glenn Martin (AKA Glennzy) returns to the podcast to explain what he’s doing to support his clients in hospitality, non-essential retail and other affected sectors as they’re finally able to re-open their doors. Martin also describes how the pandemic has led to his clients innovation in his client base, with ecommerce adoption leading many to buffer the damage of the lockdown. He also reveals what effect the pandemic has had on his practice. Martin touches on how he’s found the right balance between growth and service. As always, AccountingWEB’s Richard Hattersley and John Stokdyk review the big stories of the past seven days. The headlines shaking up the profession this week include the introduction of IR35 in the private sector, Xero snapping up e-invoicing provider Tickstar, and the government ‘running scared’ from overhauling VAT.