No Accounting for Taste ep38: April anti-money laundering mayhem

The No Accounting for Taste team attempt to find out what’s behind the tightening up of the AML rules and whether the government’s new naming and shaming initiative actually works. This month we’ve seen the accountancy bodies slammed for their AML inaction, news of a hike in HMRC AML supervisor fees and HMRC taking a robust approach to MLR compliance. Other big news this week comes from the high street health food chain Holland and Barretts who have been named and shamed by the government’s small business commissioner for its payment practices. To examine these big stories, AccountingWEB’s editor and podcast host Tom Herbert is joined as usual by practice editor Richard Hattersley and business editor Francois Badenhorst. This week they also welcome Rhys Jones, the tax director at the Gordon Dadds Group, to discuss the twin towers of tax and technology interact, and will this only increase in the future. Later in the podcast, Tom catches up with Coconut founder Sam O’Connor to talk tech and the entrepreneurial accountant. Don’t forget, we’ll be recording the pod live at Accountex on the 1st of May – our onstage debut! As well as the usual ramble through the world of accountancy, we’ll have some special guests. If you’re heading to the Excel then please come and find us – we’re on at the How to theatre at 3pm on day one.