Podcasts about hmrc

HM Revenue & Customs (HMRC) is better equipped and more determined than ever to address tax avoidance and evasion. In this episode, we explore what companies need to know when an enquiry notice arrives and how to respond transparently and promptly, without letting things spiral out of control. Ashurst’s Neil Donovan and Sophie Suri are back for the first Corporate Crime & Investigations episode of 2026. This time, they are taking a look at HMRC's enquiry process and how this can lead to a period of investigation and external scrutiny for corporates. They also discuss the heightened detection risk from HMRC’s new whistleblower reward scheme. Neil warns: "There's a risk this could very quickly spiral into a multi-agency investigation where you're fighting on various fronts and facing a whole spectrum in terms of liability risk." Sophie discusses how to respond to an enquiry notice. Among her practical suggestions, she emphasies the importance of taking advice early, understanding the limits on HMRC's powers, and strong record-keeping so that document requests can be handled efficiently. To listen to this and subscribe to future episodes in the Corporate Crime & Investigatons mini-series, search for “Ashurst Legal Outlook” on Apple Podcasts, Spotify or your favourite podcast player. You can also find out more about the full range of Ashurst podcasts at ashurst.com/podcasts. And you can read about the 2026 global enforcement issues to watch out for in this Ashurst article. The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Listeners should take legal advice before applying it to specific issues or transactions.See omnystudio.com/listener for privacy information.

It's EV News Briefly for Monday 02 March 2026, everything you need to know in less than 5 minutes if you haven't got time for the full show.Patreon supporters fund this show, get the episodes ad free, as soon as they're ready and are part of the EV News Daily Community. You can be like them by clicking here: https://www.patreon.com/EVNewsDailyBMW USA SHOP LEAK POINTS TO 2027 LINEUPA leak on BMW USA's online shop revealed two fully electric i3 sedan variants — the i3 40 xDrive and i3 50 xDrive — confirmed for the US in 2027, sharing the Neue Klasse platform with the iX3 and featuring Gen6 batteries, 800-volt hardware, and an iDrive X interior. The 2027 lineup also adds a first-ever iX4 coupe-SUV in two variants, an iX3 in three configurations launching in North America this summer, an electric iX5, and an i3 M60 alongside a full electric M3 positioned as the spiritual successor to today's M3 Competition.TESLA BERLIN RUNS HALF FULL AS UNION ROW SIMMERSTesla's Gigafactory Berlin produced 211,235 vehicles in 2024 against a stated annual capacity of 375,000 — a 56% utilisation rate — and output has since declined further, with the factory now reportedly running at around 40% capacity and BYD outselling Tesla in Europe in January 2026. Labour tensions are deepening ahead of works council elections, with IG Metall pursuing collective wage agreements similar to those at Volkswagen and BMW, while Tesla filed a criminal complaint against a union member and Elon Musk warned that "outside organisations" could hinder the site's ambition to become Europe's largest factory complex.T&E: LOCAL BATTERIES COULD CUT COST GAPA Transport & Environment report argues the EU can shrink the cost gap between domestically made and Chinese batteries from 90% to around 30% through scaled-up local production, with higher automation and lower scrap rates potentially cutting the gap to $14 per kWh by 2030 — equivalent to roughly €500 on an average EV. The findings align with the EU's forthcoming Industrial Accelerator Act, which targets ~70% local content thresholds for publicly supported EVs, though some carmakers warn this risks making batteries prohibitively expensive while T&E's Julia Poliscanova calls it "a sovereignty premium worth paying," particularly given China's export restrictions on critical minerals.TRIBUNAL BACKS 5% VAT ON SOME PUBLIC CHARGINGA UK tax tribunal has ruled against HMRC in a case brought by community charging operator Charge My Street, finding that a de-minimis clause in the VAT Act 1994 — capping "domestic" supplies at 1,000 kWh per month per customer — can qualify most neighbourhood charge points for the 5% reduced VAT rate rather than the 20% rate currently applied to public charging. The ruling is significant for drivers without off-street parking, though it also raises commercial complications, as many charge point operators have multi-year contracts priced on 20% VAT, and it opens the door to networks gaming the threshold by splitting sites or charger banks into separate "premises".ŠKODA OPENS €205M CTP BATTERY PLANT IN CZECHIAŠkoda has opened a €205 million (~$216M), 55,000 m² battery production facility at Mladá Boleslav, making it the Volkswagen Group's largest BEV battery system site and the first VW Group plant in Europe to manufacture cell-to-pack (CTP) systems at scale. The line produces over 1,100 battery systems per day — targeting up to 335,000 annually — and Škoda's switch to LFP cells has cut battery production costs by 30% compared to its previous MEB systems.MG CLOSES IN ON EUROPEAN FACTORY PLANMG has narrowed its European factory search to five countries, aiming to begin production by 2027 to circumvent the EU's 45% tariff on Chinese-built BEVs — a levy that caused MG's European BEV sales to fall 33% to 48,479 units last year, even as overall European sales rose 26% to 307,282 units in 2025. MG Europe head William Wang declared "it's time to build local," positioning the brand as a European marque rather than a Chinese import, as rivals BYD, Chery, and Leapmotor also race to establish European manufacturing footholds.CITROËN UPDATES C5 AIRCROSS PHEV FOR EURO 7Citroën has refreshed the C5 Aircross plug-in hybrid with a new 21.5 kWh battery (17.8 kWh usable), delivering up to 96 km (60 miles) of WLTP combined electric range — a 33% improvement over the outgoing model and ahead of rivals like the Peugeot 3008 Hybrid4 (69 km) and Ford Kuga PHEV (64 km). Priced in the €40–50k range, Citroën positions the updated C5 Aircross as one of the most tax-efficient family SUVs in the mainstream segment across EU markets while still targeting Euro 7 compliance.CANADIAN TRIAL PEGS ELECTRIC SEMI SAVINGS AT $157,126A real-world Canadian trial by FPInnovations' PIT Group and Transport Canada tracked two commercial fleets over 12 months and more than 200,000 km of Montreal-area operations, projecting savings of $157,126 per truck over six years — described as the most comprehensive dataset of its kind outside controlled demonstrations. The study compared the Freightliner eCascadia (BEV) directly against the diesel Cascadia and found that despite the electric truck's higher purchase price, higher-than-expected maintenance costs, and lower residual value, a six-year saving still emerged and may prove conservative.DENZA D9 ELECTRIC MPV ARRIVES IN AUSTRALIADenza has launched the D9 electric MPV in Australia from A$85,990, powered by a 103.3 kWh Blade Battery with 200 kW DC fast charging, 11 kW AC charging, and V2L capability across both variants, all built on BYD's e-Platform 3.0 with a cell-to-body battery structure. The seven-seat, three-row cabin targets the premium end of the people-mover segment with nappa leather, open-pore white ash wood trim, a 14-speaker Dynaudio sound system, adaptive suspension, and second-row captain's chairs offering over 900 mm of legroom, massage, and individual screens.CHINESE CAR BRANDS SPLIT US BUYERSA Cox Automotive survey of 802 prospective US car buyers found the country almost evenly divided — 38% would consider Chinese brands if available, 39% would not — with Gen Z showing notably higher openness at 69%. Chinese brands remain locked out of the US market by high tariffs and software regulations, but cost pressure is a key driver of interest, with 68% of open buyers expecting lower prices against an average new car price of $50,000, while BYD has already surpassed Tesla in European EV sales.

Cloud accounting is one of those topics that too many business owners, freelancers, and creatives ignore until it is too late. In this episode of I Hate Numbers, we make the case for why cloud accounting is not just a nice-to-have but a genuine game-changer for anyone running a small business. Whether you are currently relying on spreadsheets, paper receipts, or desktop software, this episode will show you what you are missing and what it is costing you.What Is Cloud Accounting?Cloud accounting means using software that lives online to manage your business finances in real time. It is not simply swapping a spreadsheet for an app. It covers invoicing, reporting, expense tracking, bank feeds, and much more. The key difference is access and immediacy. You can log in from your phone, laptop, or tablet from anywhere. You can see exactly where you stand financially at any given moment, without waiting until the end of the month or the end of the year. We paint a practical picture here. Imagine finishing a client meeting in a coffee shop, pulling out your phone, and sending an invoice on the spot. That invoice lands in your client's inbox immediately, your accounts update instantly, and your chances of being paid promptly increase significantly. That is cloud accounting working as it should.Why It Matters: The Real Business CaseToo many business owners are still disconnected from their numbers. They treat bookkeeping as an annual chore, something to deal with at tax time rather than a live, ongoing part of running a healthy business. Cloud accounting changes that relationship entirely.Your Time Is Worth SomethingTime saved on admin is time you can spend delivering work, winning clients, and growing your business. We share the example of Sandra, a freelance designer juggling multiple projects. Before cloud accounting, she was spending Sunday mornings entering receipts and chasing invoices. After making the switch, she saved three to four hours a week on average. At even a modest hourly rate, that adds up to a significant saving over a quarter, not to mention the faster payments that come from sending invoices electronically.Fewer Mistakes, Less RiskManual systems, however carefully managed, leave room for error. Dodgy spreadsheet formulas, duplicated entries, missing invoices — these are common and costly. Cloud accounting flags issues in real time, so you are not walking a financial tightrope with a blindfold on.See the Big Picture ClearlyRunning your business without up-to-date financial information is like driving with a frosted windscreen. Cloud accounting gives you dashboards and reports that show you at a glance how much money is in your bank, who owes you, what you owe, and where your money is going. That clarity leads to better decisions, fewer surprises, and far less financial panic.Is It Complicated? Not as Much as You ThinkA common concern is that cloud accounting sounds technical or difficult to set up. In practice, it does not need to be. Tools like Xero, which is our personal recommendation and the system we use with our own clients, are built for real people, not just accountants. You can connect your bank account, upload receipts with a photograph, send invoices in seconds, and configure automated reminders for overdue payments. Think of it as a digital finance assistant that never takes a holiday. When we set clients up with cloud accounting, we train and induct them from the start so they feel confident navigating the system. You do not need to be a numbers expert. You just need a simple, consistent workflow.The Cost of Doing NothingWe also walk through a worst-case scenario that will feel familiar to many business owners. Work gets hectic, life gets busy, and the books get neglected. Suddenly you do not know who owes you money, what you owe, or whether you can afford your next project. Invoices go out late, bills go unpaid, and a tax bill arrives without warning. This is not bad luck. It is silent financial sabotage, and it is entirely avoidable with the right system in place.How to Get StartedMaking the switch does not have to be overwhelming. We suggest four straightforward steps: choose your software (we recommend Xero), get familiar with how to navigate it, connect your bank account from the outset, and build a simple weekly workflow. Thirty minutes a week spent keeping your records current is far less painful than hours buried under a backlog. Small, regular habits beat big panic sessions every time. We also have a free digital guide to cloud accounting that you can download to help you get started with confidence.The Legislative Case: Making Tax DigitalBeyond the business benefits, there is also a legislative reason to act. From April 2026, Making Tax Digital will require small businesses and landlords to submit their accounts to HMRC on a quarterly basis. To do that, you will need a digital accounting system. We will be covering Making Tax Digital in detail in next week's episode, but the message is clear: the sooner you get familiar with cloud accounting, the less disruption you will face when the requirement kicks in.Conclusion: Take Control of Your Business FinancesCloud accounting is not about going digital for the sake of it. It is about saving time, reducing mistakes, making better decisions, and keeping your business lean, profitable, and ready to grow. If this episode has been useful, we would love you to share it with someone who could benefit. And for a deeper grounding in business finance, the I Hate Numbers book is the ideal place to start. Remember: plan it, do it, profit.Episode Timecodes[00:00:00]Introduction: why so many business owners avoid cloud accounting[00:00:29]What cloud accounting actually is and what it covers[00:01:31]Real-time access, automation, and the coffee shop invoicing example[00:02:14]Why too many businesses are still disconnected from their numbers[00:03:04]Time savings: the story of Sandra the freelance designer[00:04:25]Avoiding costly mistakes with cloud systems[00:05:06]Seeing the big picture: dashboards, reports, and better decisions[00:05:42]Is it complicated? Why Xero works for non-accountants[00:07:00]The cost of doing nothing: silent financial sabotage[00:08:00]How to get started: four practical steps[00:08:56]Free digital guide to cloud accounting[00:09:16]Making Tax Digital: the legislative case for acting now[00:09:49]Closing thoughts and call to actionTake the Next StepIf this episode has given you a clearer picture of what cloud accounting can do for your business, we would love you to share it with a fellow business owner or freelancer who needs to hear it. Subscribe to I Hate Numbers for more practical, no-nonsense strategies every week. Remember: plan it, do it, profit.Further Support

US equity markets are lower, with S&P down 0.2%, following mixed performance on Thursday. Bonds firmer. US 10-year benchmark down 1 bp at 4%. Gilts 2 bps lower at 4.3%. Bund eases to 2.7%. Dollar softer versus European majors, little changed versus yen. Oil up. Gold flat. Industrial metals higher. Bitcoin weaker. UK politics likely to get some attention after Greens won the Gorton and Denton by-election in greater Manchester, with Reform coming second. Further reports highlighting the likelihood of a very lowkey fiscal update from Chancellor Reeves next Tuesday, as she seeks to end cycle of policy speculation. Update from the UK National Audit Office showed HMRC collected extra £16B from biggest firms last year via a more hands-on approach.Companies Mentioned: Warner Bros. Discovery, Partners Group Holding, CPPIB, Equinix, Alphabet, Meta

In this episode we answer listener questions covering emergency funds for higher and additional rate taxpayers, and inheritance tax considerations around beneficiary SIPPs. We also discuss whether couples should rebalance pension contributions, the key steps to take before retiring abroad, and what to know about DB pension transfers. Finally, we look at cross-border pension taxation using the UK–Denmark double taxation treaty as an example. Shownotes: https://meaningfulmoney.tv/QA40    01:20  Question 1 Hi Pete & Roger, Thanks for all your helpful and easy to understand information. I have only been on my financial wellbeing journey for a year.  I work in the NHS and am in a higher tax bracket. I am fully enrolled in the NHS pension, more out of previous disinterest than any actual action on my part. I am single and currently saving up for a down payment on a house in about 4/5yrs. I maxed out my ISA last year and expect to do the same this year; this includes money for the down payment. I also took out a SIPP which I only recalled last year; I took it out 20+ years ago. However I am still waiting for a statement from the pension office before my accountant can work out how much more I can add to the SIPP.  In the interim I have my emergency fund in a premium bond (20k) but am worried it's being eroded by inflation. I expect to be an additional tax payer in the next few years. Where should I keep my excess cash? More in premium bonds with no tax but erosion by inflation; or open GIA or more in high interest savings account and pay the tax? Or is there another option you would recommend? Btw I have £600 in crypto (Coinbase and Etherium) but don't plan to put more than £400 more in then plan to forget about it. It's a tiny fraction of what I put in my ISA. Thanks, Joy   04:46  Question 2 Dear Pete and Roger. Love the podcast. I think it is essential listening for those wanting to elevate their knowledge of the incredibly important subject of financial planning and it also highlights the value add that financial professionals can provide. My mother is 79 and has a comfortable guaranteed inflation linked income via state and civil service pension, which is supplemented by savings (maxed premium bonds & healthy cash savings) and investments held in ISAs and a beneficiary SIPP from my late father who passed before 75yrs old (therefore the assets are income and CGT free). My mother is keen to minimise the IHT on the estate both her and my father worked so hard to create. Despite her comfortable situation, I still have to encourage her to spend and use your very helpful '40% off sticker' analogy on a regular basis. It is my understanding that SIPPs will be subject to IHT and income tax from 2027. As my sister and I are both additional rate taxpayers, we will potentially be subject to 67% tax on any assets remaining in the SIPP if the estate is above £1m IHT threshold. While the '67% off sticker' analogy is even more helpful to encourage her spending, it has triggered some planning. We are drawing down the beneficiary SIPP to fund ISA each year for my mum – keeping the income and CGT tax benefits for my mum while removing it from the double income and IHT tax on death. As part of the IHT planning we are now considering regular gifts from surplus income. When combined with her guaranteed income, the assets in the beneficiary SIPP are more than sufficient so sustain her lifestyle until her age would be well into three figures. Based on my reading, it appears any drawdown from SIPPs are considered 'income' for gifting purposes, regardless of if they come from capital or income. Therefore she could start to draw more 'income' from the SIPP and gift this surplus which could be considered IHT free. Are there any limits to how much or how quickly she could reasonably drawdown from a SIPP so that it would no longer be considered 'income' by HMRC for IHT purposes? i.e could she empty the SIPP over a 5 yr period, gift that as excess income, then reduce the gifts to reflect a different income and or expenditure? While all the drawdown from SIPPs is considered 'income' for IHT purposes, the treatment of withdrawals from ISAs or other investments are distinguished between whether they are actually capital or income. Therefore, we have the added complication of needing to balance the 'income' drawdown from the beneficiary SIPP to make sure she doesn't eat into 'capital' of the ISAs and savings which would then mean the gifts from regular surplus income would then be considered part of the estate again. Our circumstances mean my mum feels slightly trapped between keeping the SIPP (so it is considered income for gifts from regular income but gets IHT taxed at 67%), continuing to use the beneficiary SIPP to fund ISAs (reduce IHT liability but lose flexibility to gift it as income), maybe change the investment engine of the ISAs from a lower yielding balanced solution to something with a higher natural yield, or do something else altogether (lump sum gifts and hope to survive 3yrs for taper or 7yrs). Any thoughts or suggestion would be appreciated. While there are some relatively niche circumstances, I think it covers two more broadly applicable IHT planning considerations SIPPs v ISAs under the new rules and regular gifts from surplus income. Thanks in advance Stephen   17:06  Question 3 Hi Pete and Roger Thank you both for your continued help in navigating the financial maze and I am enjoying the listener questions. My wife works part time and is a basic rate tax payer. She pays into her workplace pension and contributes an additional 15%. Her pension provider receives 20% tax relief on these contributions. I am a higher rate tax payer and I make contributions to a SIPP. My pension provider receives 20% tax relief and I claim an additional 20% directly from HMRC. As a couple, we could stop making the additional contributions to my wife's pension and instead make them into my SIPP. This would give us an additional 40%, rather than 20%. Mathematically this makes sense. We haven't done this so far, as I like the idea that we are equally contributing to both of our pensions, for the future. It also helps keep things simple. I am mindful that one day, we may kick ourselves for not making this simple switch which may leave us with a significantly bigger pot, when we need it. What options would you consider in this decision of splitting pension contributions. Many thanks, Rob 20:17 Question 4 Dear Pete & Rog, I just wanted to say a heartfelt thank you for your podcast and the incredibly valuable information you share. Your conversations are not only insightful but also reassuring as I start to think more seriously about my own retirement planning! One of the things I'm considering is retiring abroad (somewhere sunny!) Spain most likely, and I wondered if you might explain the process you go through with such clients. Specifically, do you have a checklist, or a list of key questions, that you typically ask clients to work through before moving overseas? For example, I've learned that ISAs are not recognised in many EU countries (so it may be better to sell before leaving), and I imagine there are similar considerations around SIPPs/UK DC pensions and other investments. Do you also tend to liaise with financial planners or accountants based in the EU when helping clients prepare for such a move? I would be very grateful for any wisdom you could share. Thanks again for all the work you put into the podcast, it really does make a difference. Warm regards, Chloe 24:55  Question 5 Hi Pete, Love the podcast.  Very informative and user friendly. I have a question, once popular but maybe not so much now and one that will make advisers sweat again! I'm a sophisticated investor (so to speak!), I manage my own SIPP etc and I'm an accountant so I guess I have a head start over most people.  I have a net worth excluding my house of circa £2.5m spread across a SIPP, ISA, FIC and GIA. I also have an old DB pension.  I'm 59.  It pays out circa £6,500 from the age of 65.  My dad died aged 63.  Given my circumstances I want to transfer the DB scheme into my SIPP.  I have two children so would like them to get it rather than die with me so to speak.  The last transfer value I got was pre covid at circa £100k which I know isn't a brilliant multiple but I'm happy with that.  I'm fit and healthy but I'm not relying on the guaranteed pension given my other pension provisions. So, firstly is it likely the transfer value would have gone up or down given the increase in interest rates and secondly do you think I could get a positive recommendation from an adviser? Thanks, Oscar 31:35  Question 6 Dear Pete and Roger, Love the podcast. I'm a bit more of an adventurous investor than you usually caution, but you provide a certain "passive-tracker-Yin" to my "property-investment-Yang". Given your backlog I'm going to ask you a pension question that I probably don't have to think about for 20 years, so you have time to get to it. I worked in Denmark for several years and paid into a pension scheme while I was there. I believe it is structured similarly to a UK DB pension scheme. There is an initial lump sum plus an income for life.  This pension fund is not covered by QROPS, so there is no transferring my way out of this complexity. The Danish pension fund thinks I'll be paying Danish income tax (presently 37-38%), Chat GPT is adamant that I'll be paying UK Tax. Who's right? If taxed in the UK I can imagine getting the tax free cash allowance right might be complicated. Is there anything else I should be considering? Best Wishes, James

This episode of Digi-Tools in Accrual World features Ryan Pearcy and Indi Tatla alongside guest Lara Manton to discuss the latest shifts in accounting tech news and fintech news. The team examines the stability of AI-first platforms following reports that Genesis has encountered financial difficulties and Botkeeper has closed its doors.   The conversation highlights a divide in the market: while some bookkeeping automation tools struggle, Field Guide has raised $75 million to target complex audit and advisory workflows for major firms. The panel also weighs in on the "AI disruption anxiety" felt across the sector after Anthropic released new legal AI tools, affecting the share prices of incumbents like Sage and Thomson Reuters.   Further topics include: Pilot's unveiling of an "autonomous AI accountant" and the validity of its ten-year data claims. Simpro Group's acquisition of Delight to bolster its trade-focused operating platform. The departure of Buddy's CEO and the future of standalone payroll software. A landmark Upper Tribunal ruling involving HMRC that suggests baldness could be considered a disability for VAT purposes. Episode Sponsor This episode is proudly sponsored by Advancetrack, the market leader in delivering high-quality offshore outsourcing solutions combined with cutting-edge technology for accountancy practices. Sponsor Link: https://www.advancetrack.com/   0:00 Intro - welcome to Digi-Tools in Accrual World 07:54 AI agent Jenesys seeks new ownership 12:36 Botkeeper announces the closure of its platform to its community of users 16:18 Goldman Sachs backs Fieldguide with significant funding 21:28 Anthropic legal tool impacts data service providers 27:35 Pilot launches AI accountant to automate the entire bookkeeping process 34:12 Simpro Group expands its field service reach with the acquisition of Delight 36:36 Founder David Seisun announces his departure as CEO of Buddy after seven years 41:02 Expend introduces automatic document matching and updates reimbursement fees for 2026 42:44 Court rules that hair loss treatments can be zero-rated for VAT purposes

The chair of Parliament's Energy Select Committee has told Money Box it's “vital” the Energy Ombudsman is given new, stronger powers as quickly as possible. Bill Esterson says that it is too easy for energy suppliers to simply ignore ombudsman decisions leaving consumers powerless. Energy UK, which represents suppliers, says customers have the right to expect a good service and, in the vast majority of cases, suppliers are able to work with the Energy Ombudsman to resolve cases within 28 days.As people live longer healthier lives more and more are working longer - often well past the state pension of 66. A new analysis of HMRC data found a 12 percent rise in the number of people working past the state pension age over the past five years. What's driving that increase?Top tips for filing your self-assessment ahead of the deadline next week.And as the number of payments made by cheque drops, what does the future look like for their usage? Presenter: Paul Lewis Reporters: Dan Whitworth and Jo Krasner Researcher: Haider Saleem Editor: Jess Quayle Senior News Editor: Sara Wadeson(First broadcast 12pm Saturday 24th January 2026)

This week on The Tax Factor, Malli Kini and Neil Insull begin with a roundup of the Top 3 tax stories making headlines, setting the scene for a wide-ranging and thought-provoking episode. They then turn to the Mark Glen vs HMRC case, examining the tax treatment of female hair loss businesses and the broader implications for medical expense claims. The discussion also covers the Miss Odina financial abuse story, highlighting the tax considerations involved and the wider issues it raises, before analysing why reports of an OBR document being accessed ahead of its official publication matters for transparency and public trust. The episode concludes with a look at the latest developments surrounding loan charge settlement terms, explaining what affected taxpayers should be aware of and how HMRC’s approach continues to evolve.See omnystudio.com/listener for privacy information.

Joining Carys this week is writer, policy expert and author of Black Girl no Magic, Kimberly McIntosh.Together, Carys and Kimberly explore right-wing discourse around women's fertility, Sir Jim Ratcliffe comments on immigration, the UK's potential changes to settled status requirements, and families looking to take over a care home after owners amassed massive debts to HMRC.Support us on ⁠⁠⁠⁠⁠⁠⁠PATREON⁠⁠⁠⁠⁠⁠⁠ - get bonus episodes, a weekly newsletter and become a part of our members-only WhatsApp community.Email us at ⁠⁠⁠⁠⁠⁠⁠info@overunderpod.com⁠⁠⁠⁠⁠⁠⁠Sign up to the newsletter at ⁠⁠⁠⁠⁠⁠⁠www.overunderpod.com⁠⁠⁠⁠⁠⁠⁠Follow us on all socials @over_under_pod_William Blake House:https://www.theguardian.com/society/2026/feb/16/william-blake-house-care-home-debtsConnect with Kim here: https://linktr.ee/Kimmi91

A beheaded salute, HMRC hate & pud-pudz The Masked Singer host and 1/2 of The Business Men Podcast - Joel Dommett graces the Pearly Gates this week!!! And wowsers, you are in for a HOOT of an episode. Want the episodes ad free AND extra content from Mel and the guests, PLUS everything from the Kathy Burke archive? 6 Feet Under gets knee deep in all your cracking correspondence. Head to wheretheresawilltheresawake.com to subscribe. AND If you've got a story for us, send it over to mel@deathpodcast.co.uk A Sony Music Entertainment production. Find more great podcasts from Sony Music Entertainment at sonymusic.com/podcast Learn more about your ad choices. Visit podcastchoices.com/adchoices

It's Tuesday, which means it's time for another Ask Rob & Rob!   (0:45) AJ purchased his first two buy-to-lets using bridging finance and is now remortgaging onto longer-term deals. As part of the process, his lender required him to take independent legal advice – something he found surprisingly intimidating. He asks Rob & Rob whether it's normal for these meetings to feel so daunting, or if it's just him.  (05:34) John bought a property for £60K, which is now worth £120K, with no mortgage attached. He wants to move it into a limited company to be more tax efficient. His estate agent suggested he sell it to himself at the original price to avoid capital gains, but his accountant has warned that HMRC may see this as tax avoidance. He asks Rob & Rob whether this strategy stacks up – or if it's a red flag waiting to happen.  Enjoy the show?  Leave us a review on Apple Podcasts - it really helps others find us!  Sign up for our free weekly newsletter, Property Pulse  Send us your question here – just hit record!.  Find out more about Property Hub Invest 

Episode 17 of Guru's The Weigh-In sees Adam Rooney, Matt Godfrey, and Steve Ringer breaking down Capital Catch Competition's huge £60,000 Ultimate Fishing Championship — have you got what it takes to win it? The trio also dive into your questions, with Steve sharing insight into how he navigates HMRC, alongside plenty of practical advice, behind-the-scenes chat and honest opinions, banta and laughs that every angler can enjoy in this week's Weigh-In.

Stay ahead of the curve with the latest accounting tech news and fintech news in this episode of the Digi-Tools in Accrual World podcast. Today, Indi Tatla, John Toon, and our new regular guest Eriona Bajrakurtaj discuss the strategic shifts happening across the major platforms. We explore how Xero is doubling down on everyday productivity with 55 new feature updates and its continued push into the US market via the Melio acquisition. We also examine the departure of Nick Williams from Intuit after 12 years and the legacy he leaves behind in the UK QuickBooks ecosystem. Key topics include: * The merger of Data Switcher and Move My Books for AI data migration. * Dext's new AI agent, Dext Assist, and integrated payment workflows. * Briefcase's approach to natural language context in document uploads. * A deep look at Xero's quarterly product updates and global strategy. * The market implications of the cancelled Xeinadin sale.   0:00 - Welcome to Digi-Tools in Accrual World App News: 7:00 - Merger of Dataswitcher and Movemybooks 13:10 - Dext Updates 19:37 - Briefcase Natural Language 23:43 - Xero's Updates and AI/US Strategy 35:21 - Nick Williams leaving Intuit 39:52 - Xeinadin Sale Collapse   This episode is made possible by Adsum. Adsum allows you to connect directly to HMRC for a single dashboard view of client taxes, including payroll, VAT, and corporation tax. Episode Sponsor: Adsum: https://www.adsum-works.com/

When it comes to keeping our homes warm nearly all of us rely on just a handful of big energy suppliers. And during the winter, especially with the cold temperatures, we rely on those suppliers to do their job. When they don't customers can firstly complain to their supplier but, if they're still not happy, they can take their complaint to something called the Energy Ombudsman. It's a free, impartial service and gets thousands of complaints every year. In most cases, when the ombudsman makes a decision, that decision is followed to the letter, quickly, by suppliers. But in some cases that doesn't happen - we investigate one listener's battle over a £1,700 bill.HMRC has told MPs it's going to take more care in how it handles its effort to crack down on fraud and error, after a mistake which led to thousands of families wrongly losing their Child Benefit.It was the Scottish government's Budget this week and there were quite a few changes promised for people's pockets, we'll round up the details.And, there's a huge amount to think about when buying a home, from sorting the mortgage to getting quotes for removal companies, but one thing you might not be expecting is that your new home might come with rules telling you what you can and cannot do with it. Restrictive covenants are binding conditions written into the actual property deeds or contracts. What can you do to protect yourself from any financial impacts?Presenter: Felicity Hannah Reporters: Dan Whitworth, Eimear Devlin and Phil Simm Researcher: Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 17th January 2026)

In part two of our Making Tax Digital mini-series, Heather Self is joined by Jonathan Athow, Director General, Customer Strategy and Tax Design at HMRC, for a special Q&A episode. This conversation offers listeners the opportunity to hear directly from HMRC on one of the most significant changes to the UK tax system in recent years. In an insightful and practical discussion, Jonathan answers the key questions on everyone’s minds, including how the beta testing has progressed, what challenges taxpayers, agents and businesses may face as MTD expands, and how they can prepare ahead of the launch date. Heather puts the important issues front and centre, ensuring the conversation tackles both strategic aims and real-world concerns. This episode provides valuable clarity on Making Tax Digital and is essential listening for anyone preparing for the next phase of digital tax reporting.See omnystudio.com/listener for privacy information.

In this episode, Mark Morton discusses HMRC's increasing focus on directors' loan accounts and the practical challenges arising from recent compliance checks. Mark shares a real client case, highlighting how misunderstandings within HMRC can lead to unnecessary pressure and how a robust technical response can turn a proposed £250,000 settlement into just £700.He also previews key themes from our upcoming Spring Tax Update and explains how our TQ Technical Support service can help firms navigate complex HMRC enquiries with confidence.Whether you're dealing with overdrawn loan accounts, benefits‑in‑kind queries, or need support with tricky compliance issues, this episode offers insight, reassurance and practical advice.For more information on this topic and more, please visit www.mercia-group.com for further details.

Pete and Roger answer six listener questions covering Coast FIRE strategies with GIAs, US 401(k) tax implications in the UK, record keeping for IHT-exempt gifts, Australian pension taxation for UK residents, pension contributions to avoid the £100k tax trap, and managing a £2M portfolio as Power of Attorney. Shownotes: https://meaningfulmoney.tv/QA39    01:17  Question 1 Hi Pete and Roger, I'm 29 and working towards Coast FIRE within the next 2–3 years so I can begin a digital nomad lifestyle — working remotely while knowing my long-term retirement is taken care of. Right now, I've got: - £45k in a Stocks & Shares ISA - £25k in a workplace pension (via salary sacrifice) - A Lifetime ISA for a future house deposit (or later retirement) - A fully funded emergency fund I've already maxed out my ISA for this tax year and plan to continue doing that every year. But I have more money to invest now, and I know that to reach Coast FIRE on my timeline, I need to start using a General Investment Account (GIA). Here's where I'm stuck: I want to keep things simple and tax-efficient, but I feel a bit nervous about GIAs. I keep hearing about the "bed and ISA" strategy but don't really understand how it works in practice or how to implement it over time. Could you explain: - How best to use a GIA alongside an ISA when working towards FIRE? - How to manage capital gains and dividend tax efficiently? - And how the bed and ISA approach actually works — especially for someone trying to keep things simple? Thank you both so much — your podcast has been an incredible resource and a big part of why I've been able to take control of my finances. Warmly, Pauline 12:22  Question 2 Hello Pete & Roger I am very late convert to the podcast but have been ploughing through the Q&A for a few days now. I think I only have another 592 episodes to get through so should be up to date by the end of the week !! I am not sure whether this has been covered or not. I have a 401K plan that has been hibernating in the USA for 20 years. I have only recently started looking at it and now need to understand the tax implications. I have tried to read HMRC guidelines on tax treaties etc but get even more confused than before. My current belief is that the provider will pay this money out by means of US issued cheque (not a problem) but withhold 30% tax (a problem). How will HMRC treat this? The usual sources http://unbiased.co.uk for one run for the hills on finding information about this, is this an area you can provide guidance, but obviously not advice as I know you cannot through the podcast. Regards, Stephen 16:10  Question 3 Hi Pete & Roger, Like so many people I am really impressed, not just with your knowledge and great communication skills, but that you put out such life changing content. You're providing us with the means to help ourselves in this financial world as well as letting us know when to seek professional help. On to my question: we're (wife and I) retired (late-60s) and are lucky enough to have more than enough to comfortably live on, thanks to DB & state pensions, house price inflation etc. Not really through any financial planning but just having been born at the right time! So we do now have an IHT liability. We have a joint second death Whole Of Life policy (in trust) in place for potential IHT and have given help with house deposits for our children. We also are gifting to the kids out of our excess income and would like your thoughts on the type of record keeping needed for this. We have letters stating the intention to give the gifts, recording who to etc. We keep completed IHT403 forms which we update annually. We also have a monthly/annual spreadsheet of income/expenses which demonstrates our surplus and keep track of expenses with the MeMo transaction tracker (thanks for that). These are all in our 'WID' file (again thanks to you for that). What we're not sure about is any documentation that might be needed to evidence the figures. Income is straightforward with P60s, statements of interest/dividends. However, what is required for expenses? Can't really keep all supermarket receipts etc and even bank/credit card statements would be quite bulky over several years. Not sure if we're overthinking but don't want to leave a difficult task for our kids when we're gone. Thank you both again for all the good you are doing Simon 20:33 Question 4 Brian (in Australia) Thank you for all your podcasts and videos but I think I may have to sign up to the academy to fully get my head around all the UK rules. We are looking to move to the UK from Australia - we have no UK govt pension entitlements but are retired with personal Australian private superannuation account pensions. The pension income payments and withdrawals are all tax free in Australia but will the UK government apply a tax on these pension payments once we are UK residents?   Thanks again for all your useful information. Regards, Brian 22:55  Question 5 Hi Roger (and Pete), I had a question which is boiling my brain far more than it should and I was hoping you could include it in one of your Q&A episodes. I'm in the fortunate position of being caught by the £100k 'tax trap' due to being paid a bonus for the first time in a number of years. This particular first-world problem is being made all the worse because my daughter will start nursery next year so in addition to the 60% tax charge on my bonus, we would also lose the 30 free hours of childcare we currently have access to. I currently salary sacrifice roughly £5,000 of salary into my pension (which my employer matches) and this holds my income at £99,000. However there is no option for me to do any kind of 'bonus sacrifice'. My only choice is to receive the bonus payment net of tax & NI through PAYE and then make a payment into my personal pension (a Vanguard, low cost multi-asset fund, just like you taught us!). I think I'm right in saying my pension provider will claim back the basic rate tax automatically for me, and I can then claim back the other 20% via my tax return with HMRC paying this extra 20% back to me directly. So far so easy, but what I can't work out is just how much I have to pay in to my pension in order to take all of the bonus payment out of my taxable income. Presumably its not the net amount extra that gets paid into my bank account on the month my bonus is paid because this will also be net of NI, meaning I wouldn't have paid enough in to avoid the £100k trap. Assuming my bonus payment was £10,000 (I don't know the exact figure yet but its likely to be around this amount), could you talk through how to calculate the net payment I need to make into a personal pension to achieve the desired result? As a follow up to this, if HMRC send me a cheque (very 1990's) for say £2000 of refunded higher rate tax, do I need to pay this into my pension in the next tax year to avoid having it counted towards my taxable income in that financial year? Please keep up the great work that you both do, you've really helped me get my financial life in order after an extremely difficult period in my life. Thank you both! Jimmy 27:29  Question 6 Hi Pete and Rog, Firstly, a huge thank you for all the insight and support you continue to offer. The impact of the Meaningful Money Podcast is immense—I've personally benefited so much from your free content over the years. I'll keep this as brief as I can: My great aunt (now 84) has built a substantial portfolio over decades—about £2 million across ~60 individual company shares, with approx. £1.3 million in a GIA and the rest in S&S ISAs. She also holds £400k in fixed-term bonds, savings accounts, and premium bonds. Sadly, she was diagnosed last year with dementia and Alzheimer's and now resides in a care home. I am her Power of Attorney and want to act in her best interests—simplifying her affairs and ensuring tax efficiency, especially regarding her legacy. She has no spouse or children but wishes to leave money to nieces, nephews, and charities. Here's my working plan: - Offset gains in the GIA by selling loss-making investments (totalling £30k–£40k) alongside some of the profit making investments to reduce market exposure without incurring CGT costs.     - Liquidate all shares in her S&S ISAs and transfer funds into cash ISAs with decent interest rates - Leave most of the GIA portfolio untouched to benefit from the CGT uplift on death Am I broadly on the right track for tax efficiency and sensible financial planning? Should I seek formal advice to ensure I'm doing the best by her? Thanks again for all you do—it really matters. Best regards, Josh  

This episode of Fresh Perspectives explores the Construction Industry Scheme and why it presents a growing risk for businesses well beyond traditional construction firms. Rob Brown is joined by Jo Gander, Employment Tax Adviser at Azets, who explains why the Construction Industry Scheme (CIS) remains one of the most complex and high-risk areas of employment tax. They look at how HMRC scrutiny is increasing, why many businesses wrongly assume CIS does not apply to them, and how firms can become exposed without realising it. Jo Gander is an Employment Tax Adviser at Azets with specialist expertise in the Construction Industry Scheme. You can connect with her on LinkedIn here. +++ Fresh Perspectives is the business podcast from Azets where advisers, experts and leaders share fresh thinking to help you move forward with confidence. Each episode explores real-world challenges and opportunities for business owners and entrepreneurs, from finance and growth to leadership and technology. Formerly Bang The Drum, the show continues Azets' commitment to sharing practical advice, new ideas and inspiring stories from across the business community. This podcast has featured at #1 in the Apple Podcast charts for Management podcasts and #19 in the Apple Podcasts charts for Business podcasts. Follow and subscribe to Fresh Perspectives on your favourite player, leave a review and share it with others who you think might enjoy it. Find more about Azets at www.azets.com. Contact us at podcast@azets.co.uk.

Send us a textHello everyone, and welcome back to The Lockdown Farriery Podcast.This is Episode 56, and today we're diving into a topic that every farrier — student, qualified, or aspiring — needs to understand.” “I'm joined by a brilliant guest for this episode: Freya Ceen.Freya runs Vital Accounts, working and advising big and small business, including some farriery businesses. Her connection with farriery does not just end there. Many years ago before retraining to be an accountant she was in fact a Farrier apprentice. That combination of real world farriery experience and financial expertise makes her the perfect person to help us unpick today's topics.”“We'll be talking about the Level 3 Farriery Business and IT module — what knowledge apprentices really need, how to prepare effectively, and what assessors are looking for when it comes to passing the End Point Assessment (EPA).” “Then we're moving on to something affecting every UK farrier who operates as a sole trader:the upcoming rollout of Making Tax Digital (MTD).From 6 April 2026, HMRC will require sole traders with income over £50,000 to keep digital records and submit quarterly updates using recognised software — these aren't extra tax returns, but short summaries designed to keep you organised throughout the year.This rollout is being phased in, with thresholds dropping to £30,000 in 2027 and £20,000 in 2028.”“Freya and I break down what that means for farriers, how to get ready, what software options are available, and why preparing early can save a lot of stress — and potentially money.” “So, whether you're revising for your Business and IT module, navigating your first year of self employment, or trying to make sense of the new digital tax rules, this episode has you covered.”This Episode will also link in to an upcoming episode with a new solution for farriers facing the transition to digital Tax, so keep your eyes open over the couple of weeks for that one.As always thank you to the sponsorsThe Shoeing LabSilverback Chaps – silverbackchaps.com

More than 60% of parents who lost their child benefit because the tax office believed incorrectly they'd moved abroad, were in fact eligible for the benefit, which is worth at least a hundred pounds a month. As we've reported on this programme before, the mistakes were made after travel data was used to conclude parents had permanently left the UK, but actually many of them had simply been on holiday. The scale of the mistake has been shown in a written question raised in parliament, where the government revealed that 63% of payments were wrongly suspended. HMRC has apologised to customers who had their Child Benefit suspended incorrectly. It also told us that it estimates that £270 million of Child Benefit payments were incorrectly claimed in 2024-25 – with unreported residency changes a leading cause. Credit card borrowing rose at the fastest annual rate for almost two years in November. The new data from the Bank of England shows that outstanding credit card balances rose to nearly 78 billion pounds, which is up almost 12 per cent on November the year before. What might be behind that rise?And the pension ruling which could help boost your pension by 720 pounds every year.Presenter: Felicity Hannah Reporters: Dan Whitworth and Jo Krasner Researcher: Eimear Devlin Editor: Jess Quayle(First broadcast 12pm Saturday 10th January 2026)

In this episode of RPC's Taxing Matters podcast, Michelle Sloane, Partner in our Tax, Investigations and Financial Crime team, is joined by Joshua Carey of Devereux Chambers to explore HMRC's increasingly robust approach to supply chain fraud, and what this means in practice for businesses.Drawing on their extensive experience in complex tax and public law disputes, Michelle and Joshua discuss:how supply chain fraud can arise and how businesses can find themselves implicated, sometimes unwittingly, in these chainsHMRC's investigative toolkit and the legal framework it relies on, including the “knew or should have known” test the growing use of penalty provisions that can affect both corporate entities and individualsthe potential civil, criminal and reputational consequences of being caught up in a fraudulent supply chainwhat businesses can do to help protect themselves.Thank you for listening to this episode. You can listen to and subscribe to Taxing Matters on Apple Podcasts and Spotify and stay up to date with developments in the tax world.If you would like to discuss any of the matters raised in this episode, or find out more about our tax services, please contact Adam Craggs or Michelle Sloane.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Hosted on Acast. See acast.com/privacy for more information.

Morse code transcription: vvv vvv Pontarddulais man on living with worlds most painful condition Bill and Hillary Clinton to testify in Congressional Epstein probe Rape trial begins for son of Norways crown princess in tense moment for royal family Musks X office in France raided by Paris prosecutor Boy, 13, arrested over e bike hit and run on pregnant woman in Poole Sarah Fergusons charity to close days after new Epstein revelations One million people missed HMRC tax return deadline Forever chemical testing to be ramped up amid growing concerns. Harvey Willgooses family say too many red flags were missed China bans hidden car door handles over safety concerns

Morse code transcription: vvv vvv Sarah Fergusons charity to close days after new Epstein revelations Harvey Willgooses family say too many red flags were missed Boy, 13, arrested over e bike hit and run on pregnant woman in Poole Forever chemical testing to be ramped up amid growing concerns. Pontarddulais man on living with worlds most painful condition Rape trial begins for son of Norways crown princess in tense moment for royal family One million people missed HMRC tax return deadline China bans hidden car door handles over safety concerns Musks X office in France raided by Paris prosecutor Bill and Hillary Clinton to testify in Congressional Epstein probe

Morse code transcription: vvv vvv Harvey Willgooses family say too many red flags were missed One million people missed HMRC tax return deadline Boy, 13, arrested over e bike hit and run on pregnant woman in Poole Musks X office in France raided by Paris prosecutor Sarah Fergusons charity to close days after new Epstein revelations Forever chemical testing to be ramped up amid growing concerns. Pontarddulais man on living with worlds most painful condition Bill and Hillary Clinton to testify in Congressional Epstein probe China bans hidden car door handles over safety concerns Rape trial begins for son of Norways crown princess in tense moment for royal family

Morse code transcription: vvv vvv Pontarddulais man on living with worlds most painful condition One million people missed HMRC tax return deadline Bill and Hillary Clinton to testify in Congressional Epstein probe Forever chemical testing to be ramped up amid growing concerns. Musks X office in France raided by Paris prosecutor China bans hidden car door handles over safety concerns Boy, 13, arrested over e bike hit and run on pregnant woman in Poole Harvey Willgooses family say too many red flags were missed Rape trial begins for son of Norways crown princess in tense moment for royal family Sarah Fergusons charity to close days after new Epstein revelations

From ballet dancer and Billy Elliot hopeful to Michelin-starred chef, Michael O'Hare's journey is anything but conventional. In this episode of The Go-To Food Podcast, Michael traces his path from Middlesbrough to the top of British fine dining via aerospace engineering, Jamie Oliver cookbooks, formative kitchen years and time spent at Noma, before blowing the doors off the scene with The Man Behind the Curtain. It's a story shaped as much by instinct and curiosity as by rebellion against tradition.Michael speaks candidly about what success really costs. He breaks down the brutal economics of Michelin-starred restaurants, the impossible margins, the pressure to keep raising prices, and the moment he realised that even full dining rooms no longer meant financial survival. For the first time in detail, he explains the HMRC debt that followed the closure of his restaurants, how his wages became reframed as loans, and what it actually means to “go bankrupt” in modern hospitality. It's a rare, unfiltered look behind the headlines.Beyond the business, Michael unpacks his philosophy on food and creativity. He rails against homogenisation in restaurants, arguing that haute cuisine has slipped into fast-fashion thinking, where identity is lost and trends are copied plate for plate. He challenges ideas around seasonality, menu poetry and performative complexity, and tells the stories behind some of his most infamous dishes, from raw prawns and potato custard to why a “tikka prawn” can be more honest than something that looks clever on paper.The conversation moves effortlessly between the serious and the absurd: chaotic kitchen stories, onion-ring addictions, shower cups of tea, the strangest customers he's ever faced, and why he believes restaurants should feel more like homes than institutions. We also hear about his new chapter, a radically intimate restaurant built around balance, control and cooking purely for joy. Funny, fierce and deeply human, this is Michael O'Hare as you've never heard him before.Pre Order Ben's Incredible Book - All You Can Eat - By Clicking Here - https://www.amazon.co.uk/All-You-Can-Eat-British/dp/1805221523 Hosted on Acast. See acast.com/privacy for more information.

"A big change" - that's how HMRC has described a major transformation starting in April, which affects the way sole traders and landlords report their income and expenses. The tax office has told Money Box that self assessment has to be modernised to reduce errors and allow them to collect more of what's owed to the Treasury. It's called Making Tax Digital and this first wave is going to affect about a million people who have a turnover above £50,000 a year. At the moment, self-employed people put the details of their business accounts into their tax return once a year on the Government's own website or on paper. But from April the new system will force them to use commercial software which sends quarterly summaries to HMRC and then repeats all that information in their end of year tax return to which they must add any other taxable income details. We'll speak to HMRC about that.According to the financial data firm Moneyfacts, since the Bank of England cut the interest rate to 3.75% in December around a third of providers have dropped their rates on their savings products. Where are the best deals?As energy prices rise, there's a warning about the scammers trying to trick you into giving away your data.And new research suggests only 1 in 4 people know about a big change coming for pensions and inheritance tax. We'll answer listener questions.Presenter: Felicity Hannah Reporter: Dan Whitworth and Jo Krasner Researcher: Eimear Devlin Editor: Jess Quayle(First broadcast 12pm Saturday 3rd January 2026)

This week on The Tax Factor, Robert Salter and Sarah Stenton begin with a roundup of the Top 3 tax stories making headlines which includes a key government U-turn… Sarah and Robert begin by sharing timely insights on Self-Assessment tax returns, including HMRC receiving a big pay day, common pitfalls and practical tips as deadlines approach. Robert then provides insight into Advanced Tax Certification Rulings, explaining how they work, when they’re useful, and why certainty from HMRC continues to be so valuable. The episode also investigates the Boulting v HMRC tax case, analysing the key issues and what it could mean for future disputes, before rounding off with a look at Scottish tax and how devolved rules continue to evolve. Informative and accessible.See omnystudio.com/listener for privacy information.

The Government has announced plans for a cap on ground rent - is it a welcome policy that will finally fix a broken system or does it risk creating new problems along the way?Helen Crane, Georgie Frost and Lee Boyce discuss the plans first revealed on TikTok by the Prime Minister, what's potentially changing and when.Watch out - HMRC is about... Stamp duty investigations are on the rise - is it all Angela Rayner's fault? And how do buyers find themselves in the crosshairs? 'Metal madness' is still in full swing with gold and silver on a tear up with some huge gains this week, but also some hefty falls. What's going on?NS&I has made some cheeky rate cuts but a cash Isa season seems to have erupted early - where can you find the best rates? And lastly, wood burners. Are they an environmental no-no, or can they help save money on your energy bills?

Recorded live at Momentum 26 in Newcastle, this special episode of The UK Flooring Podcast is Sarah Cockerill's keynote, delivered to a room full of flooring business owners who probably did not come for “a talk about numbers”. Sarah opens with a confession that will feel familiar: she is not naturally a numbers person, and she actually hates them, but she has learned that the right numbers, looked at consistently, will tell you the real story of your business.She takes you back to where her relationship with money started (Yorkshire upbringing, Barclays in the family, bags of pub receipts on the living room floor), then brings it right into the messy middle of running a flooring business. A knock on the door from HMRC (a £20k CIS bill) kicked off a chain reaction that lots of owners will recognise: trying to “sell your way out” of a cash problem by pushing turnover, getting bigger, adding people, and hoping the money sorts itself out. Sarah is very clear, that approach nearly cost them everything.From there, the keynote becomes a practical reset. Sarah breaks down what actually went wrong (overtrading, losing control of cash flow, treating the business account like a personal purse, and letting systems lag behind growth), then gives a simple framework to stop it happening to you. No accounting lectures, just habits: keep all finance data in one place, use separate bank pots (especially for HMRC), pick one tool, pick one report, learn a small set of key numbers, and ask for help the moment you do not understand something.What You'll Learn in This Episode:Why “numbers tell a story”, and how to read the story without being an accountantThe real danger of chasing turnover to solve a cash problem, and why it feels right in the momentThe HMRC CIS bill lesson, and what it revealed about cash flow and controlThe three silent killers Sarah points to: overtrading, losing control of cash flow, and treating the business bank account like your own purseWhy growth is not the problem, but growth without systems isHow to simplify your finances fast: one inbox (accountant email), one place for data, and a set time to deal with itWhy separate bank pots matter (including a dedicated HMRC pot), and how it removes panic from the business“Choose one tool”, and stop mixing spreadsheets, software, and half-finished systemsThe power of one report (year-to-date, month-by-month) to spot patterns quicklyHow department coding helps you track where profit is really being made (or lost), and why that matters when you run multiple servicesA simple way to hunt “profit leakage”, and identify the small gaps that quietly drain profit over timeThe most important rule if you are confused by any of it: ask someone who understands, and learn through consistencyMemorable Quote:“Numbers tell a story.”Speaker InformationSarah CockerillKeynote recorded live at Momentum 26 (Newcastle)Where to Find The UK Flooring Podcast:Website: https://theukflooringpodcast.co.uk/Instagram: https://www.instagram.com/theukflooringpodcast/Facebook: https://www.facebook.com/theukflooringpodcast/ Hosted on Acast. See acast.com/privacy for more information.

Key Topics Covered: 1. Why the Family Wealth Fortress, Why Now Inheritance tax on pensions from April 2027 is forcing families to rethink legacy planning. “High net worth” is now effectively £1m plus once pensions are included, meaning far more families are exposed. Many people have a patchwork of advice and products that is hard to coordinate, hard to optimise, and hard for executors to manage. 2. From Patchwork Quilt to Fortress Thinking The goal is to make wealth transfer elegant, organised, and resilient for the next generation. Kevin frames this as moving from wealth abundance into legacy, with a clear process rather than “hinting” at legacy planning. WealthBuilders positions itself as the central coordinator, like a “wealth GP”, bringing specialists in when needed. 3. The Seven Integrations (The Fortress Framework) Tax: proactive “event led” planning, especially inheritance tax, not just annual returns. Legal: wills, powers of attorney, protection, and avoiding disputes such as contentious probate. Financial: building wealth is not enough, families need planning for protection and perpetuation too. Structures: holding companies, family investment companies, trusts, share classes, and intergenerational planning. SSAS and pensions: using family pension structures, earmarking, and cascading to reduce future inheritance tax impact. Recurring income: inheritance tax is on capital not income, so understanding income enables smarter gifting. Legacy: involving the next generation early through trusteeship, shareholding, and participation in the family plan. 4. Record Keeping, Gifting, and the Digital Vault Families need clear documentation to avoid confusion, delays, and challenges after death. Kevin highlights using intention and execution records (for example IHT documentation) to reduce HMRC risk. A digital vault brings tax, legal, financial, structures, and gifting records into one accessible place for executors. 5. Who It's For and How to Take the First Step This is application based, limited capacity, and aimed at families typically 55 plus with estates around £1m plus. It is designed to be implemented over 3 to 5 years, still broken down into manageable steps. A practical first move is using the free inheritance tax calculator to understand your current exposure.   Actionable Takeaways: Don't assume your current advice is joined up, check how tax, legal, financial and structures connect. Start planning for inheritance tax now, especially with pensions being included from April 2027. Move from reactive planning to proactive “event led” planning for key life events. Get your documentation organised and accessible, so executors are not left guessing. Involve the next generation earlier, so wealth transfer includes wisdom, not just money. Take the first step by using the IHT calculator and booking a conversation if the fortress approach fits your situation.   Resources & Next Steps: WealthBuilders 'The Family Wealth Fortress' Download our FREE Pensions and Inheritance Tax Guide WealthBuilders Membership: Free access to guides, webinars, and community   Connect with Us: Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.   Next Steps On Your WealthBuilding Journey:   Join the WealthBuilders Facebook Community Schedule a 1:1 call with one of our team Become a member of WealthBuilders If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

On this week's show, Damien reveals the small changes you can make that can have huge positive impacts on your finances. Damien also discusses the average "pension gap" between the age at which people want to retire and the age at which they expect they can afford to retire. Finally, he explains how to close the "pension gap".Check out this week's ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast article⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ on the Money to the Masses website to see the full list of resources from this week's show.Follow Money to the Masses on social media:YouTube - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Tik Tok - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠You may already compare products and services online and make purchases but by doing so via our dedicated page you might not only save money but could also earn cashback or take advantage of exclusive offers for MTTM listeners.Every time you use a link on the page we may earn a small amount of money for our podcast. We only use affiliate links that give you an identical (or better) deal than going direct. Thank you for being an incredible part of our community. Your support means the world to us.Support the show by visiting and bookmarking our dedicated podcast page:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Money to the Masses Dedicated Podcast Page⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Click to support the showLinks referred to in the podcast:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HMRC data reveals almost 6 million people overpaid tax - Are you owed a rebate?Mortgage Overpayment CalculatorApps to help you overpay your mortgageBarclays Repayment CalculatorMortgage LTV CalculatorSalary sacrifice to be capped at £2,000 per year from 2029How to make your child a millionairePension Calculator from MoneyhelperHow to make your child a millionaireStandard Life Retirement ReportPensionBee - Are high charges eroding your pension?Moneybox - Save for your pension using the 'Half your age' ruleSign up to our weekly newsletter

This week on The Tax Factor, Heather Powell and John Bull kick things off with a roundup of the top 3 tax stories making headlines. They provide clear, practical commentary on the most important developments in the tax world this week. They then turn to the Elden vs HMRC case, looking at why AI is back in the spotlight and what the ruling could mean for future tax compliance, dispute resolution, and the use of technology in tax investigations. Next, they break down the Kog vs HMRC VAT case, explaining the key points and the wider implications for businesses navigating complex VAT rules. Rounding off the episode, they discuss the Tom Goldstein trial, centred on the failure to declare $26 million in poker winnings, and the broader tax issues around gambling, income reporting, and enforcement.See omnystudio.com/listener for privacy information.

What happens when an industry that has barely changed for generations suddenly finds itself at the center of one of the biggest shifts in modern work? In this episode of Tech Talks Daily, I'm joined by Kate Hayward, UK Managing Director at Xero, for a conversation about how accounting is being reshaped by technology, education, regulation, and changing expectations from clients and talent alike. Kate describes this moment as the largest reorganization of human capital in the history of the profession, and as we talk, it becomes clear why that claim is gaining traction. We explore how AI is shifting accountants away from pure number processing and toward higher-value advisory work, without stripping away the deep financial understanding the role still demands. Kate shares why so many practices are reporting higher revenues and profits, and how technology is acting as a catalyst for rethinking long-standing workflows rather than simply speeding up broken ones. We also dig into research showing that pairing AI with financial education strengthens analytical thinking while leaving core calculation skills intact, a useful counterpoint to the more dramatic headlines about machines replacing people. Our conversation moves into the practical reality of how firms are using tools like ChatGPT today, from scenario planning to preparing for difficult client conversations, while also discussing where caution still matters, particularly around data security and core financial workflows. Kate also explains how government initiatives such as Making Tax Digital and the digitization of HMRC are changing client expectations and deepening the relationship between accountants and the businesses they support. We also spend time on the future of the profession, including how hiring strategies are evolving, why problem-solving and communication skills are becoming just as valuable as technical knowledge, and why private equity interest in accounting is accelerating digital adoption across the sector. Kate rounds things out by sharing how Xero is thinking about product design in 2026, what users can expect next, and why keeping the human side of the profession front and center still matters. So as accounting moves further into an AI-assisted, digitally native future, how do firms balance efficiency, trust, identity, and long-term relevance, and what lessons can other industries take from this moment of change? Useful Links Follow Kate Hayward on LinkedIn Accounting and Bookkeeping Industry Report Xero Website Follow on LinkedIn, Facebook, X, YouTube, Instagram

It's another Meaningful Money Q&A, taking in the £100k tax trap, splitting pensions on divorce, safely switching investment platforms and much more! Shownotes: https://meaningfulmoney.tv/QA38    01:59  Question 1 Hi Roger and Pete, Long time listener, first time questioner. My wife and I have both earned in excess of £100k for a few years now, meaning I am acquiring a peculiar set of skills on the various ways to use pension contributions, rollover allowances, gift aids, etc to keep us both below the (entirely bananas) £100k cliff-edge each year. My question is on the £60k pension annual allowance. Does it only apply to the amount of pension savings in a given year which can be made without paying a tax charge, or does it also count as the maximum amount of pension deduction which can be taken to calculate net adjusted income as part of completing our tax returns? The (slightly over-simplified) situation in my mind is that if I earned £160,500 in a given year, I would prefer to pay £61k into a pension, thereby reducing my net adjusted income to £99,500 to stay below the cliff-edge, even if I had to pay 40% tax on the extra £1000 above the pension annual allowance. As a fun aside, I asked this to my preferred AI - and I leave a link to see if you agree with it's answer or not  - https://g.co/gemini/share/8c23e91cb658 Stephen 07:58  Question 2 Hello Pete & Roger Listen and enjoy all your podcasts regularly but every now and again you get one that addresses specific points to the individual listener. For me it was Podcast QA18. A really great podcast. 1. The 2015 changes to pensions made  significant differences to pensions and most financial experts have rightly advised using your pension as one of the best places to put savings. It does seem unfair that you plan your savings and pensions well in advance for retirement based on government rules. and then you you find you are likely to have a sizeable IHT bill. At 78 it is difficult to turn the ship around quickly. Many more people will be affected by this over the next decade. The main reason however for my question relates to ways to reducing the effects of this IHT change. The general allowances and the 7 year rule are all clear. However the main exemption that could help is the little used Gifts form Excess Income. I have read up as much as I can and the whole system seems rather vague and many things open to interpretation, even by financial experts. There is no clear and precise set of rules whereby you can be certain something is capital or income. Your executor will have to understand all this and have all the back up documentation to convince HMRC that the gifts are justified.  I do have excess income and spent significant time over the past weeks analysing all our expenditure and income sources ending up totally confused and with a severe migraine. Any advice on how best to handle this can of worms would be appreciated. 2) So many of us these days have children living in different countries with their families. All with different citizenship and residency situations in different countries. There seems to be very little information about  IHT and general tax issues in relation to gifts and inheritance of money and pensions for children and grandchildren in this situation.  Best regards, Peter   16:52  Question 3 Hello Roger and Pete, Thanks for a great series of podcasts. Some of them confirm what I already know and some give me insights, ideas and an understanding I didn't have. You provide a great service. My wife and I are 54 and 55. We are getting divorced. The divorce is amicable and we want to share everything evenly. I take home £5k/month and she takes home £2.3k. We will split this evenly as long as we both work. Our pension funds are not of equal value. I have DCs and SIPPs worth £800k and ISAs worth £100k. I also have a small DB pension that will pay out about £3k/year in today's money at age 67. My wife has a DC pension worth £210k and ISAs worth £220k. She has a DC pension that will pay about £2.5k/year in today's money at age 67. As you can see, the majority is in my name. This makes sense as I have worked whereas she has taken time off to raise our children. We have equal claim to the money in my mind. I think the ISAs are straight forward. We can balance the value by selling some of hers and investing more in my name. The DC pensions are more difficult. By right I should give her £295k to make them of equal value but how do we do this? We want to avoid expensive solicitors and accountants but are not sure if we can DIY this. Please share any advice you can give. Regards, Jay   25:43  Question 4 Hi Pete and Roger, Thanks so much for what you do with the podcast. It's completely changed my approach to my finances, especially over the last year which has felt even more important after the birth of my son. I have a question about investment platforms. I currently have about £70,000 invested in passive world index trackers via a platform. I estimate my total annual fees including fund and platform fees to be about 0.66% pa. I don't think this is terrible but I think it could be less. I'm considering transferring my investments (which is a mixture of stocks and shares ISA, LISA and (very small) SIPP) to a cheaper platform. Do you have an advice on the transfer process, especially in whether to transfer all the funds in one go or is there a strategy you'd recommend to avoid falling foul of market fluctuations? Thanks, Jack 30:47  Question 5 Hi Pete and Roger, You guys are the best. You've given me my only financial education. Never underestimate what a difference you are making to ordinary people's lives. THANK YOU. I am 42 years old saving into my workplace DC pension. I have a bit of a gap because I started late and then freelanced for a few years, so playing catch up, but thanks to you both, seeing the positives in this, rather than beating myself up. I am basing the 'gap' on not quite having 3x salary saved by age 42 - is that a decent rule of thumb? As you both say, arming people with knowledge can be a good thing and a bad thing, because armed with this new knowledge we can go off and overcomplicate things. I decided to pull my pension from the default fund and pick 6 funds. What's the best route for working out if I am paying too much in fees, if I have got too much crossover across funds, and if the more pricey ones are worth it?  Do I need to get financial advice or could I do this myself (being a complete layman obvs)?  Do you have any tips on the process of comparing, finding inefficiencies and consolidating? What's a reasonable number of funds would you say? 3? 1?  BTW I've done the same thing with my ISAs since they let us have more than one. How do you just pick one and stick with it, and not get distracted by the new shiny providers? It seems like newer, better products and platforms come out all the time. Or am I worrying unnecessarily and might it be ok to have fingers in many pies? Thanks again for all you do. Hayley 37:47  Question 6 Thanks for all the content, I listen to every episode and often share the pod with others to share the good word! My partner will soon be able to get her NHS pension. While we were looking at the numbers, I began to wonder whether there is any benefit in taking the maximum lump sum and investing it outside of the pension. My thinking was that she would probably be able to generate the same amount of income from investing it in the stock market, but that when she dies she will be able to pass the capital on, whereas her pension will just stop paying out. I think the maximum she can take is about £70k. Presumably she could put this in a GIA and feed it into an ISA over a few years, accepting that any gains in the GIA would be subject to tax. I just wondered if there were any other tax implications that I hadn't considered? If not, then presumably it's just a case of comparing the drop in the annual pension payment against the expected returns (after tax) from investing outside the pension? Would love to know your thoughts on this. Thanks again, and keep up the good work. Tim

In this week's episode, Damien highlights a critical glitch in HMRC's self-assessment tool affecting Capital Gains Tax reporting for the 2024/25 tax year. He provides the steps you should take to correct your return and shares a tip on how you could reduce your tax bill by applying your annual allowance more effectively.Damien and Andy then discuss the latest data revealing a fall in UK house prices across all major indices. They break down the reasons behind the drop and what it means for buyers and sellers in 2026. Finally, Damien shares some practical tips on how to prepare your finances to secure the best mortgage deal.Check out this week's ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast article⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ on the Money to the Masses website to see the full list of resources from this week's show.Follow Money to the Masses on social media:YouTube - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Tik Tok - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠You may already compare products and services online and make purchases but by doing so via our dedicated page you might not only save money but could also earn cashback or take advantage of exclusive offers for MTTM listeners.Every time you use a link on the page we may earn a small amount of money for our podcast. We only use affiliate links that give you an identical (or better) deal than going direct. Thank you for being an incredible part of our community. Your support means the world to us.Support the show by visiting and bookmarking our dedicated podcast page:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Money to the Masses Dedicated Podcast Page⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Click to support the showLinks referred to in the podcast:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Capital Gains Tax Calculator - 2024/25 Tax YearMTTM - Podcast Episode 494 - Improve your odds of getting a mortgageMTTM - Podcast Episode 367 - Preparing for fixed-rate mortgage deal endingHow to make your child a millionaire - Strategy GuideSign up to our weekly newsletterBest Cashback Credit CardsBest Savings Apps in the UKApps to help you overpay your mortgageShould I overpay my mortgage or save in 2026?

Check if your dental practice qualifies for capital allowances here >>> https://www.dentistswhoinvest.com/chris-lonergan———————————————————————UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————Tax isn't just a bill; it's a design problem. We sit down with dental tax expert Shishir and performance coach Dr Barry Alton to rebuild the way dentists think about money, from the timing of income to the shape of an exit. The conversation is direct, practical, and aimed at one outcome: keeping more of what you earn while building a practice that's easier to run and more valuable to sell.We start by fixing timing. Too many practices recognise revenue on money received, paying tax before treatment is delivered. Switching to production‑based recognition aligns tax with effort, reduces cash flow shocks, and stops the cycle of borrowing to pay HMRC. From there, we dive into a smarter extraction stack: blend salary, dividends, pensions, retained profit, and legitimate family roles to move the same profit home with less combined tax. It's coordinated, not complicated, and it keeps working capital healthy while your household saves.Then we flip the growth model. Scaling with post‑tax scraps is slow and costly. Using retained, pre‑tax profit to fund acquisitions and new surgeries preserves momentum and compounds returns before the final tax bite. Finally, we separate clinical income from non‑clinical value like brand, IP, education, and property. Clean books create clean EBITDA, fewer add‑backs, and stronger valuations. Buyers reward clarity, and lenders do too. Throughout, Barry shows how accurate, real‑time data enables better associate pay structures, faster decisions, and lower stress.If you want a framework that lowers your effective rate, strengthens cash flow, and positions you for a higher multiple at exit, this is your playbook. Subscribe, share with a colleague who needs a better tax plan, and leave a review to tell us which lever you'll optimise first.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us a text

It's that time of year again.What's going to happen? What does the future hold?We all want to know. Knowing what's going to happen makes you feel better.NostreDominic is here to tell you.Here are 19 predictions for 20261. Gold Breaks $5,000Gold doesn't quite have the year it had in 2025, but it has a good year nonetheless and rises above $5,000/ozOn which note: Charlie Morris's monthly gold report, Atlas Pulse is, in my view, the best gold newsletter out there. Get your copy here. No pay nada.2. S&P 500 FrustrationThe S&P500 will spend much of 2026 in a frustrating range trade with a couple of nasty pullbacks. We see an interim peak in April-May, followed by a weak summer, but a strong final quarter means we end the year with a 10-15% gain.The problem of disproportionately few stocks (41 is it?) being responsible for most of the gains remains.3. Inflation Finds New FormsInflation doesn't die, it mutates. Headline inflation looks reasonably controlled (by recent standards), enabling leaders to declare that it is controlled or some other BS. Despite this “victory”, inflation finds other ways to rob you.4. Bitcoin Hits $150,000Bitcoin has a good year. With escalating geo-political conflict, as well as capital controls and tax grabs, more and more people wake up to the value of permissionless, apolitical currency. Falling trust in fiat - never mind government institutions - becomes more culturally entrenched. Bitcoin goes to $150,000.5. Starmer Survives (Just)Prime Minister Keir Starmer manages another year. His position gets even more precarious after a bad showing in the May local elections, but it is still only 2026 and the next General Election is not till 2029. Too early to oust him just yet.6. Government Spending: The Unstoppable ForceGovernment spending keeps on increasing. Even if they wanted to, they just can't stop it. Western Europe continues, therefore, its great march on the road to serfdom7. But No Sovereign Debt CrisisDespite the mathematics verging on the impossible, government debt continues to outpace GDP (it has grown at three times the pace this century) but the inevitable sovereign debt crisis that is coming to the UK, Western Europe and perhaps even the US, is somehow averted.By saying it won't happen, it will happen. I know it.8. British Stocks Shine Despite Economic StagnationBritain's economy continues to stagnate, but British stocks do well. Rather like Japan circa 2015, the valuations are so cheap that mergers and acquisitions are inevitable. Foreign money takes advantage.9. Oil RecoversOil, currently lagging metals, begins to turn around. Brent crude stays above $55 and flirts with $80 a barrel.10. UK Energy Costs Stay ElevatedEnergy costs in the UK remain high because Millibrain. Limited growth is the result.If you live in a Third World Country such as the UK, I urge you to own gold or silver. The pound is going to be further devalued. The bullion dealer I recommend is The Pure Gold Company. Pricing is competitive, quality of service is high. They deliver to the UK, the US, Canada and Europe or you can store your gold with them. More here.11. Critical Minerals BoomI would venture that the decision to overthrow Venezuelan President Maduro was as much about critical minerals - so-called strategic metals et al - and China's chokehold on them, as it was oil and gas, narco-terrorism, Russian drones and liberating the poor suffering people.To the US's credit it is trying to put the China chokehold problem right. The UK and Europe are hopeless. But this process, especially re-shoring industry, is highly inflationary, hence my comment about inflation finding new forms.It is a good year to be invested in both industrial and critical minerals, and the related stocks end the year considerably higher than when they began.This is something I'll be looking at a lot next year12. Emerging Markets RallyEmerging markets have a good year. Commodities, innit.13. The Pound Weakens A BitThe pound gradually weakens against the US dollar. High is $1.37, low is $1.25. Or thereabouts.14. Silver. Triple Digits.Silver goes above $100. There I've said it. Now watch it crash.15. AI-Powered Government OverreachA highly worrying development. Government Blob bodies, such as Ofcom and HMRC in the UK (though this problem is global), make increasing use of AI to make their processes more efficient. This enables them in a really bad way.This is already happening. In 2026 people start to wake up to the fact.I like AI. But it enables Big Bureaucracy. Beware.16. UK Property: More Stagnation The stagnation, particularly at the upper end of the market, continues. And why wouldn't it? Moving is too expensive.While nominal prices might be flat or slightly up, real prices are down, liquidity is poor, transactions fall.17. Rents Stay ElevatedBecause so many now prefer to rent so they don't have to pay moving taxes, and because the game is now over for amateur landlords, who continue to exit the market due to the increased cost of regulations, rents stay elevated.18. Official Reassurance = The Biggest MistakeThe biggest mistake of 2026, as with every year, will be trusting official reassurance. Governments and central banks remain behind the curve. Markets lead, policymakers follow. The crisis won't come from what they warn us about, but from something they've missed.19. Your Bruce-y Bonus Sports PredictionArsenal win the League. West Ham, Burnley and Wolves all get relegated.Have a wonderful 2026. Let's hope as with last year I'm wrong about everything and we make a potload of dosh. Until next time Dominic This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

What does success look like for HMRC with Making Tax Digital – and what does it really mean for the bookkeepers doing the work on the ground? In this Leadership Takeover Session, Craig Ogilvie, HMRC's Director for Making Tax Digital, explains the “why” behind MTD for Income Tax, how it will change the UK tax system, and why he believes bookkeepers are central to making it work for small businesses. Get step by step guidance on MTD for Income Tax https://www.gov.uk/government/collections/making-tax-digital-for-income-tax?Utm_source=6fb Craig shares his journey from a low-income upbringing in Scotland, through 20+ years in government delivery, to leading some of the UK's biggest programmes – including the furlough scheme during the pandemic. He explains how his parents' values around kindness and optimism shaped his leadership style, why he focuses so heavily on people and psychological safety, and how that translates into the way he runs the MTD team today. You'll hear a clear, human explanation of what MTD for IT actually is: digital record keeping, quarterly updates and software-based filing for millions of self-employed people. Craig talks about the three big reasons behind it – reducing errors in the tax gap, modernising the UK's tax infrastructure, and creating better customer service through more timely data and nudges – and why he sees bookkeepers as uniquely placed to turn that into better conversations about cash flow, credit control and business performance. He also explains the scale of the change: rebuilding core systems, working with third-party software through APIs, and designing multiple agent functionality so both accountants and bookkeepers can support the same client. Craig describes travelling around the UK to meet real practices, how those conversations led to changes like faster sign-up journeys and multiple agent access, and why HMRC is committed to genuine co-creation rather than “rubber-stamping” decisions already made. The episode goes deeper into social mobility, confidence and financial understanding. Craig talks about seeing his dad's January “bag of receipts”, the construction sector's heavy representation in the first MTD cohort, and the financial literacy gap facing many sole traders. He reflects on sessions with unrepresented business owners, where a clear explanation – often from a bookkeeper or accountant – can quickly change how someone feels about digital tools, quarterly reporting and understanding their numbers. ----------------------------------------------- About us We're Jo and Zoe and we help bookkeepers find clients, make more money and build profitable businesses they love. Find out about working with us in The Bookkeepers' Collective, at: 6figurebookkeeper.com/collective ----------------------------------------------- About our Sponsor This episode of The Bookkeepers' Podcast is sponsored by Xero. Get 90% off your first 6 months by visiting: https://xero5440.partnerlinks.io/6figurebookkeeper ----------------------------------------------- Promotion This video contains paid promotion. ----------------------------------------------- Disclaimer The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.

The Supreme Court looked at the circumstances when VAT is deductible following a share sale. https://uklawweekly.substack.com/subscribe Music from bensound.com

What does the future of bookkeeping actually look like when AI gets practical? Sabby Gill (CEO of Dext) breaks down what's changing, what won't, and how bookkeepers stay indispensable. You'll hear how a SaaS CEO thinks about time-saving automation, why “customer voice” should shape your roadmap (even in a practice), and why the human relationship side of bookkeeping becomes more valuable as systems get smarter. - Learn why Sabby speaks to 2–3 customers every day (and why he won't “pre-prep” the calls). - Use the “why + benefit + ROI” script to communicate change without losing clients. - Understand why employees come first (and how that protects customers). - Steal a leadership routine: town halls, skip-levels, surveys, and CEO onboarding 1:1s. - See what Dext is building next: AI that learns your edits, plus payments and more. - Reframe the real endgame: automation → advisory → better client outcomes. Learn what AI and Automation mean for the future of Bookkeeping with Dext's free guide: https://info.dext.com/ai-and-the-future-of-accounting-report?UTM_Source=6fb This conversation is for bookkeepers and accountants who feel the industry is in constant change (AI, HMRC updates, new processes) and want a clearer way to communicate value, without burning out. Timestamps 00:00 Introduction 00:18 Sabby's role at Dext and the business sale to IRIS 00:43 From finance admin to software leadership 02:35 What the gaming industry taught him about tech and sales 04:20 Psychometric insights: adapting your communication style 08:38 What a “normal day” looks like as CEO 09:21 The 2-customer-calls-a-day habit 10:54 “Time for business”: giving people time back 13:56 Time management and protecting your team from burnout 17:11 Engagement scores, surveys, and fixing the real issue 19:02 Communicating change: ask “why” and make the benefit simple 24:28 Small business lessons: why accountants become the first call 26:24 Hiring for diversity of thought (not just industry experience) 30:03 Calling lost customers: the feedback most leaders avoid 32:12 The Dext roadmap: AI that learns your repeated changes 36:06 What's coming next 37:21 Advisory is the endgame, and why humans still win 39:06 Dext's stance on direct vs partner relationships 40:03 Wrap-up ----------------------------------------------- About us We're Jo and Zoe and we help bookkeepers find clients, make more money and build profitable businesses they love. Find out about working with us in The Bookkeepers' Collective, at: 6figurebookkeeper.com/collective ----------------------------------------------- Promotion This video contains paid promotion. ----------------------------------------------- Disclaimer The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.

What does the future really look like for UK bookkeepers as regulation tightens, MTD expands and professionalism becomes more important than ever? In this episode of the 6FB Sofa Sessions, Ami Copeland, CEO of the Institute of Certified Bookkeepers (ICB), explains exactly what's changing, what standards matter most, and how bookkeepers can protect, grow and future-proof their practices. Ami leads one of the most influential professional bodies in UK bookkeeping and works closely with HMRC, software providers and regulatory partners to shape the modern bookkeeping profession. In this conversation with Jo Wood and Zoe Whitman, she shares what she is seeing across thousands of UK practices, how professionalism and compliance expectations are rising, and why strong ethical standards will define the next decade of bookkeeping. You'll hear how Making Tax Digital is reshaping the role of the bookkeeper, what regulation really means for day-to-day practice, and how bookkeepers can position themselves as trusted finance partners rather than “just” compliance providers. Ami also talks openly about confidence, competence, qualifications, and why credibility will become a key differentiator as the industry continues to grow. This episode explores the commercial benefits of being professionally recognised, how education and CPD protect both you and your clients, and why bookkeepers who embrace change now will be the ones leading the profession in the years ahead. Ami explains the balance between accessibility and accountability in bookkeeping, and what standards clients will increasingly expect as business owners become more financially aware. If you are a UK bookkeeper navigating MTD, thinking about regulation, wanting to raise your professional profile, or unsure how formal recognition fits into your growth plans, this episode will give you clarity, reassurance and direction. Find out about ICB Membership at https://www.bookkeepers.org.uk/Membership/?utm_source=6fb This is essential viewing for bookkeepers who want to build long-term credibility, charge with confidence, and be seen as true financial professionals in a rapidly evolving industry. ----------------------------------------------- About us We're Jo and Zoe and we help bookkeepers find clients, make more money and build profitable businesses they love. Find out about working with us in The Bookkeepers' Collective, at: 6figurebookkeeper.com/collective ----------------------------------------------- About our Sponsor This episode of The Bookkeepers' Podcast is sponsored by Xero. Get 90% off your first 6 months by visiting: https://xero5440.partnerlinks.io/6figurebookkeeper ----------------------------------------------- Promotion This video contains paid promotion. ----------------------------------------------- Disclaimer The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.

Money Box takes a special look at how victims of fraud are treated by those supposed to help them in the weeks and months afterwards. How are they helped in their fight for justice by the police, their banks and the courts? Or are they all too often left struggling to deal with both the financial and mental impact on their own? We also hear how a small regional charity in the UK has partnered with police to be there for victims when the spotlight of the original crime has faded.Parents who lost their child benefit because HMRC wrongly believed they had left the country deserved better treatment according to a senior MP. Dame Meg Hillier, the chair of the Treasury Select Committee, made the comments after the tax office stripped payments from almost 24,000 families after it used travel data to conclude they had left the UK permanently. As we previously reported, some of those people had simply been on holiday. HMRC says it took swift action and that, where there was evidence that customers had continued UK employment, it reinstated payments automatically without any need for customer contact and those payments have been backdated. As the Budget draws nearer how do frozen tax thresholds already impact people and how might that change on Wednesday?Plus, if you've got significant savings in a UK bank or building society or credit union, the level of protection you'd have if one of them goes bust is to rise from £85k to £120k – how will that work?Presenter: Felicity Hannah Reporters: Dan Whitworth and Jo Krasner Researcher: Eimear Devlin Editor: Jess Quayle Senior News Editor: Sara Wadeson(First broadcast 12pm Saturday 22nd November 2025)

This week’s Tax Factor is a festive special, with Ele Theochari and Neil Insull bringing seasonal cheer and tax insight to the podcast. They first look at the Morrisons VAT case involving chickens, unwrapping what the decision means for retailers and why food VAT remains a tricky item on HMRC’s Christmas menu. Next, Ele and Neil turn to advanced clearance schemes, explaining how they work, when they can be used, and why certainty from HMRC can be one of the most valuable gifts for businesses looking to plan ahead. They also run through the top three tax stories making the news this week, adding festive flair and thoughtful commentary. The last episode for 2025 is filled with insights and seasonal puns.See omnystudio.com/listener for privacy information.

In the UK, whistleblowers are encouraged to report wrongdoing, but often at cost to their livelihoods and careers. One solution would be to pay corporate whistleblowers for coming forward. However, many in government have held the idea for years that doing so is not very “British.” But now, longtime opposition to the idea seems to be shifting. Suzi Ring, the FT's legal correspondent in London, explains how and why. Plus, we speak with Nick Ephgrave, the director of the UK's Serious Fraud Office, who is taking inspiration from his decades spent with London's Metropolitan Police Service to try to change the system. Clips from ITVIf you missed part one of this series, listen to it here. The FT does not use generative AI to voice its podcasts.- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Should corporate whistleblowers get paid?Whistleblowers could earn millions as HMRC targets tax fraudUK SFO director pushes to pay whistleblowers and use covert tacticsCorporate whistleblowing in the UK needs a shake-up - - - - - - - - - - - - - - - - - - - - - - - - - - Behind the Money host Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more. Hosted on Acast. See acast.com/privacy for more information.

It's episode 600 of the podcast, not that we're doing much to mark that milestone! We have some excellent questions today, taking in retirement planning, getting a mortgage if you have a new business and how flexible ISAs work! Shownotes: https://meaningfulmoney.tv/QA35  02:43  Question 1 Hi Pete, I'm a single household, due to pay my mortgage off in my early 50's….I have very little savings and pensions are everywhere and been 'balanced fund choices' as I either do self employed work or fixed term contracts. I'm really concerned I won't have 'enough' to retire.  Where do I start to know how much I need? I don't have an extreme fancy lifestyle but want to live comfortably with running a car, having a nice home and having a holiday every few years. I would also like to help my siblings out if possible when they need it. Also for your business…..have you thought of making it an 'employee owned trust' in the future?  This could be a good option if you don't want it swallowed up by larger organisations and want to keep a people focussed culture. Thanks, Anna 12:57  Question 2 Hi Pete and Roger Recently discovered the podcast and it's been really helpful in getting my thoughts straight about future planning - thank you! My job gives me a DB pension that as it stands will give me £4617 per year at 67 - for every year I work that will go up by one 54th of my salary, (£57k) so £1055 annually if I stay at the same grade. Increased by cpi plus 1.5% annually at the moment; and by CPI only once in payment. I can exchange part of this for a lump sum when I take it but that's a decision for another day! I'm projected for full SP at 67 after another 2 years contributing. I have £30k in a pensionbee that I'm adding to £100 a month, and after listening to the podcast I have started an AJ Bell SIPP (vanguard lifestrategy 60% equity) which I'm adding £200 a month to. Also working on the cash ladder/emergency fund - currently just £5k in a cash ISA I am hoping to get this up as much as possible. After overpaying mortgage and contributing to PensionBee/SIPP I can save £200 in a good month. I am aiming to retire as soon as I possibly can after 60, when the kids will all be in their 20s. I am sure this seems impossible but might as well aim high!!! So my priority is to build for the years between 60 and 67. And leave something for the kids, eventually! So…my question!! I have an old tiny deferred DB pension that I can take at 60, £3461 lump plus £1153 per annum (no option to take either a smaller or larger lump sum). I can't trivially commute this due to the rules of the scheme. As it's deferred there are no other benefits eg death in service. Or,  I can take this now (age 53) with a reduction for early payment so it would be worth £3076 lump and £869 per annum.  The pension increases each year by CPI while deferred and also when it's in payment. Does it make sense to take now, and put lump and monthly payment into either mortgage, or SIPP,  or cash ISA? And if so which - SIPP gets me extra 25% from the gov as it's under pension recycling amount? But £3k off my mortgage now might be better. Cant get my head around the maths of this...but my gut feel is it would be working harder for me in my hand despite the fact I'd be taxed on the annual amount? I'd make sure that with my work and personal contributions I stay in 20% tax band and reclaim from HMRC when I do my tax return. Sarah  19:39  Question 3 Hi Pete and Roger, great show and love the new format to allow listeners to ask lots of questions. My question is around pension inheritance. When a person dies and passes a DC pension to a spouse or child, does the inheritance remain in the pension wrapper when it passes on or does it lose its pension wrapper status which allows the person inheriting to use the cash as they want without the pension restrictions? Many thanks, Kavi   26:04  Question 4 Hi Pete I've been watching your videos and listening to your podcasts for about two years now and I'll start by thanking you (and the youthful Mr Weeks) for the public service you provide outside your paying work.  I have what I think is a simple question, but I don't seem to be able to find a definitive answer on-line. I retired about this time two years ago at the age of 62 so I'm 64 now.  I have a DC pension in the form of a SIPP which is currently worth a little more than £600k.  I also have a similar amount in savings (some in cash, some in an S&S ISA).  I live on a combination of the income provided by the cash and the S&S ISA, plus a series of small UFPLSs taken roughly quarterly from my SIPP throughout the tax year. At this stage the SIPP withdrawals are relatively modest (totalling maybe 12k a year, of which of course 3k is tax free).  My intention is to continue doing the UFPLSs at roughly the same rate, possibly increasing a little as a result of inflation.  State pension will add another 12k or so to my annual income in 3 years so that will likely reduce the need to increase my SIPP withdrawals for a while.  My SIPP is currently growing faster than my rate of withdrawal. I understand that the maximum tax free cash I can have out of my pension in my lifetime (under current legislation) is £268,275 and obviously at my current withdrawal rate, I'm not getting to that total anytime soon.  However if I've understood the rules correctly (and I may not have), I think my ability to have tax free cash once I reach the age of 75 goes away.  If that's true, presumably I need to crystallise my SIPP pot just before I reach age 75, taking a quarter of it or my remaining LSA (whichever is smaller) as a tax free lump sum, at which point the remainder turns into an entirely taxable (crystallised) draw down pot?  Alternatively, have I completely misunderstood what happens at age 75 and I can continue to do UFPLSs (with 25% tax free) until the cows come home, or I reach the LSA, whichever is sooner? I don't think it's relevant to my question above but just for background, I have a wife who inherits everything if she survives me, or a few nieces and nephews and charities that benefit if she doesn't.  We have no children of our own. Keep up the good work gentlemen. Regards, Robert   31:05  Question 5 Hi Pete My son, who has never been a saver (apart from workplace pension) and never seems to have any spare money (single dad, renter) is in the process of going self employed with a colleague. If all goes well, he has a chance to make a reasonable income, not be hand to mouth and periodically take lump sums as a company director. E. G £5k to £10k starting in a couple of years. My question is not about the viability of the business but this business will open up the prospect of my mid 30's son, David, owning a house while I am alive. As in, building up a deposit as dividends are paid. It may take several years and then, I assume, he would have to go through the pain of a self employed mortgage. An area that I know nothing about. In effect, he is just starting out, but we would be really interested in your thoughts about the longer term aim of buying a house. Many thanks again for your wonderful books and podcasts Helen   37:55  Question 6 Hi Pete & Roger, I continue to recommend your podcast to others.  Please keep up the excellent work.  My question is on the process of using flexible Cash ISAs.  I cannot find any worked examples online and a few IFAs I have approached suggested kicking back the question to the ISA provider but I would appreciate your thoughts. My wife and I have £200k in flexible cash isas.  We plan on using these funds for a house purchase.  Should I reduce the balance to zero, can I top the ISA back up to the full £200k provided the money goes in and out of a 'flexible' cash isa (and is within the same tax year)?  I would be in a position to do this following the sale of some investment property.. And the second part of the question would be can the money move freely between a stocks and shares isa and a flexible cash isa eg £200k in a flexible cash isa moved into a stocks and shares isa > then back to the flexible cash isa. We are both higher-rate tax payers and I won't drop a tax bracket in retirement so I feel the ISAs are the most useful savings bucket we hold. Take care and all the best. Stuart  

Send us a textPolicy shapes pay packets, childcare, heating bills, and even how we move around our cities. We break down Rachel Reeves' Autumn Budget without jargon, showing how frozen thresholds create fiscal drag, why dividend and property tax hikes shift the balance toward taxing wealth, and how ISA changes nudge under 65s into risk. We look at the upside too, scrapping the two child cap, targeted help on energy bills, a rare freeze on rail fares, and what the new EV per‑mile charge means for the future of funding our roads and the reality of going electric.Power is shifting in entertainment as well. With Paramount Skydance launching a hostile bid for Warner Bros Discovery and outbidding Netflix, we explore what consolidation means for the streaming wars, catalogue control, and your monthly subscriptions. Culture isn't only created; it's distributed, priced, and fenced off, and those decisions ripple through what stories get made and who gets to see them.Safety and dignity are non negotiable. We spotlight the British Transport Police's silent text service 61016 so you can discreetly report harassment on the Tube, and we talk candidly about luxury retail bias versus glossy representation, even as A$AP Rocky fronts Chanel. In the workplace, we share a tactical playbook for handling an aggressive senior colleague: set boundaries, document meticulously, build public advocates, and use policy to protect yourself. We also preview a practical series on starting a UK business the right way trademarks, bookkeeping, HMRC timelines and celebrate Sister Scribble's sell out momentum and what it takes to scale a young brand with intention.If this conversation helps you see your money, career, and safety with clearer eyes, follow the show, share it with a friend, and leave a review telling us the moment that hit home most. Your feedback keeps this community sharp and growing.Referenced Podcast Episode:The New skills Economyhttps://open.spotify.com/episode/4jdXWn8DpFgiER9nVVILa2?si=bgRbofTVTTO7572fUajLmwSponsorships - Email me: hello@toyatalks.comTikTok: toya_washington Twitter: @toya_w (#ToyaTalksPodcast) Snapchat: @toyawashington Instagram: @toya_washington & @toya_talks https://toyatalks.com/ Music (Intro and Outro) Written and created by Nomadic Star Stationary Company: Sistah Scribble Instagram: @sistahscribble Website: www.sistahscribble.com Email: hello@sistahscribble.com

My milkshakes brings HMRC to the yard...

For years, corporate whistleblowers in the UK have found themselves in an unenviable predicament. They're encouraged to report wrongdoing, but at the same time they often feel like they've risked everything: their careers and livelihoods in exchange for little. In this special two-part series, we explore why critics think this system is failing whistleblowers and what the UK can do to change things.In part one: We hear from two whistleblowers who share why they blew the whistle and what went wrong after. Plus, the FT's financial regulation editor Martin Arnold and Mary Inman, the attorney who represented well-known whistleblowers such as Frances Haugen of Meta and Tyler Shultz of Theranos, discuss the systemic issues whistleblowers have faced in the UK. Part two airs next Monday, December 15.The FT does not use generative AI to voice its podcasts.- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Should corporate whistleblowers get paid?Whistleblowers could earn millions as HMRC targets tax fraudCorporate whistleblowing in the UK needs a shake-upAsset management: inside the scandal that rocked GAM - - - - - - - - - - - - - - - - - - - - - - - - - - Behind the Money host Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week Tom Goddard and Paul Haywood-Schiefer look at the Government’s possible attempts at fiscal choreography with the potential Income Tax and NICs see-saw. One goes up, one goes down… but as they explain, that doesn’t always mean a neutral outcome for taxpayers. They then discuss what a cap on salary-sacrifice pension contributions would mean: a measure that could be highly attractive to the Treasury while many taxpayers barely feel a ripple. And while pension savers might lose out, families with more than two children could gain significantly if the Child Benefit cap is lifted - though the policy could carry a £4bn price tag. Finally, news of a possible adoption by HMRC of a US-style whistleblower reward scheme, offering up to 30% of tax recovered. A bold, creative and undoubtedly controversial, idea.See omnystudio.com/listener for privacy information.