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Mercia Podcast
Mercia Group
143 episodes
3 days ago
In this episode, James Hurst joins Mark Morton to explore the potential changes to VAT in the upcoming budget. Drawing on over 35 years of experience in VAT, James discusses everything from VAT thresholds and electric vehicle charging to postponed import VAT accounting and the complex VAT treatment of taxi services. With a mix of practical insight and policy speculation, this episode is essential listening for anyone navigating the evolving VAT landscape. For more information on this topic an...
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In this episode, James Hurst joins Mark Morton to explore the potential changes to VAT in the upcoming budget. Drawing on over 35 years of experience in VAT, James discusses everything from VAT thresholds and electric vehicle charging to postponed import VAT accounting and the complex VAT treatment of taxi services. With a mix of practical insight and policy speculation, this episode is essential listening for anyone navigating the evolving VAT landscape. For more information on this topic an...
Show more...
Business
Investing,
News,
Business News
Episodes (20/143)
Mercia Podcast
The Budget Breakdown - Episode 5
In this episode, James Hurst joins Mark Morton to explore the potential changes to VAT in the upcoming budget. Drawing on over 35 years of experience in VAT, James discusses everything from VAT thresholds and electric vehicle charging to postponed import VAT accounting and the complex VAT treatment of taxi services. With a mix of practical insight and policy speculation, this episode is essential listening for anyone navigating the evolving VAT landscape. For more information on this topic an...
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3 days ago
12 minutes

Mercia Podcast
Changes to AML Supervision
Lee Eagling is joined by Andy Holton to discuss the recent response by HM Treasury to the consultation on anti-money laundering (AML) and counter-terrorism financing (CTF) supervision. They explore the government's decision to appoint the FCA as the single professional services supervisor, the implications for firms currently regulated by professional bodies, and what practitioners should expect as the transition unfolds. With practical insights and advice, this episode is essential listening...
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5 days ago
16 minutes

Mercia Podcast
The Budget Breakdown - Episode 4
In this episode, Mark Morton dives into the pre-budget speculation surrounding savings policies, tax reforms, and the political balancing act of keeping voters, especially pensioners on side. He explores potential changes to cash ISAs, the implications of shifting National Insurance to income tax, and the complexities of winter fuel payments. With a mix of personal anecdotes and sharp analysis, Mark unpacks what might be coming and what it could mean for everyday savers. For more information ...
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1 week ago
9 minutes

Mercia Podcast
The Budget Breakdown - Episode 3
In this episode, Mark Morton dives into why pensions are once again in the government’s crosshairs ahead of the November 2025 Budget. From tax-free lump sums to lifetime allowances and relief reform, Mark unpacks how these changes could hit savers and why the Treasury can’t resist eyeing that £50 billion of tax relief tied up in pensions. For more information on this topic and more, please visit www.mercia-group.com for further details.
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2 weeks ago
8 minutes

Mercia Podcast
The Budget Breakdown - Episode 2
In this episode, Mark Morton dives into the swirling speculation around the upcoming UK budget. From leaked memos and proposed tax hikes to the political balancing act behind non-dom policies and dividend allowances, Mark offers a candid take on what might be coming and what it could mean for businesses, investors, and taxpayers. With reflections on corporation tax, CGT, pension reforms, and the messaging that drives economic migration, this is a sharp, accessible breakdown of fiscal policy i...
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3 weeks ago
9 minutes

Mercia Podcast
The Budget Breakdown - Episode 1
In this episode, Mark Morton reflects on the Chancellor’s speech at the Labour Party Conference and what it signals for the upcoming autumn budget. He explores government borrowing, tax speculation, and public spending, while unpacking media leaks and political strategy. This episode kicks off a short series running up to budget day, where Mark will continue to explore key developments and what they could mean for advisors and clients. For more information on this topic and more, please visit...
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1 month ago
8 minutes

Mercia Podcast
The Human Side of Accountancy: Why Soft Skills Matter
In this episode, Peter, Head of Marketing at Mercia, sits down with Louise, Mercia's management and skills trainer, to explore the evolving landscape of leadership and communication within accountancy firms. Together, they unpack the concept of the accidental manager and discuss the importance of soft skills in building resilient, high-performing teams. Louise shares insights from her work with firms across the UK, offering practical advice for everyone from new starters to senior partn...
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1 month ago
19 minutes

Mercia Podcast
VAT error correction
In this episode, James Hurst breaks down the latest updates to HMRC’s guidance on correcting VAT errors, including the introduction of a new online tool for notifying HMRC. Tune in for practical insights and learn what these changes mean for your business. For more information on this topic and more, please visit www.mercia-group.com for further details.
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1 month ago
13 minutes

Mercia Podcast
HMRC’s Digital Transformation
Mark Morton explores recent draft legislation and HMRC’s evolving role in public service. He reflects on the frustrations of digital tax systems, delays in repayments, and the long-delayed rollout of Making Tax Digital, raising concerns about the effectiveness of transformation efforts and their impact on taxpayers. For more information on this topic and more, please visit www.mercia-group.com for further details.
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2 months ago
7 minutes

Mercia Podcast
Finance Bill 2025-26
On 21 July 2025, the government published draft legislation for Finance Bill 2025-26 for consultation. In this brief episode, Mark Morton shares his immediate reaction. Much of the content was pre-announced, including: Inheritance Tax Overhaul – the government is proceeding with reforms to agricultural and business property reliefs, effective from April 2026, and bringing unused pension funds and death benefits into the scope of IHT from April 2027.Making Tax Digital (MTD) Evolves – the...
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3 months ago
4 minutes

Mercia Podcast
Making Tax Digital Update
Helen Knight and Norman Allison discuss some of the key points to consider around Making Tax Digital for Income Tax Self Assessment. Following a recent lecture we take the opportunity to unpack some of the most frequently asked questions, clarify common misconceptions, and explore what these changes mean for taxpayers and particularly their advisors. For a more in depth consideration of Making Tax Digital for Income Tax access the on demand recording of the lecture referred to in this podcast...
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3 months ago
19 minutes

Mercia Podcast
Audit Quality and Monitoring Reviews
Jenny Faulkner and Gemma Archer discuss common audit quality findings following the publication of ICAEW's latest audit monitoring report and reflect on issues identified in Mercia's own file reviews. For more information on this topic and more, please visit www.mercia-group.com for further details.
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3 months ago
49 minutes

Mercia Podcast
Recent VAT Cases
In our latest episode, our in-house VAT expert, James Hurst, shares some brief thoughts on recent VAT cases that caught his eye. For more information on this topic and more, please visit www.mercia-group.com for further details.
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4 months ago
6 minutes

Mercia Podcast
Winter Fuel Payment: The Great U-Turn
Mark Morton breaks down the government's abrupt reversal on winter fuel payments and the tangled tax mechanics that follow. From pensioners navigating deductions to the complexities of taxable income, he asks—does anyone in power truly understand self-assessment? A sharp, insightful take on yet another policy puzzle. For more information on this topic and more, please visit www.mercia-group.com for further details.
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4 months ago
2 minutes

Mercia Podcast
Charity SORP Exposure Draft and Charity Financial Thresholds Consultations
In this episode, Gemma Archer rounds up the key points from the publication of Charities SORP exposure draft and consultations relating to the financial thresholds in charity law. For more information on this topic and more, please visit www.mercia-group.com for further details.
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5 months ago
18 minutes

Mercia Podcast
Company size threshold changes and IR35
Helen Knight examines the implications of the upcoming changes to company size thresholds, effective April 2025, on off-payroll working and IR35 rules. Gain a deeper understanding of IR35 with our IR35: The Definitive Guide course. Stay ahead of key regulatory updates and keep your clients informed with insights from our latest newsletter. For more information on this topic and more, please visit www.mercia-group.com for further details.
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6 months ago
6 minutes

Mercia Podcast
Spring Statement - Making Tax Digital Consultation
In the aftermath of the Spring Statement, a number of consultations have been released on the government website. Mark Morton delves into the Making Tax Digital Consultation and how this could potentially impact accountants over the next few years. For more information on this topic and more, please visit www.mercia-group.com for further details.
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7 months ago
3 minutes

Mercia Podcast
Spring Statement 2025
In this short episode, join Mark Morton as he reflects on the Spring Statement delivered by Chancellor Rachel Reeves today (25 March 2025). Don't forget there is still time to order your Spring Statement Summary to easily communicate the key announcements to your clients. For more information on this topic and more, please visit www.mercia-group.com for further details.
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7 months ago
2 minutes

Mercia Podcast
Proposed changes to IHT from April 2027
Mark Morton takes a look at the proposed IHT changes for pensions from April 2027. Communicate tax changes easily with expert content that makes a difference to your clients. Spring Statement - https://www.mercia-group.com/promote/all-promote-products/budget-and-tax-rates/spring-statement-2025/ Tax Cards - https://www.mercia-group.com/promote/all-promote-products/budget-and-tax-rates/tax-cards-and-rates/ For more information on this topic and more, please visit www.mercia-gr...
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7 months ago
5 minutes

Mercia Podcast
Changes to APR and BPR
Mark Morton takes a look at the current position on changes to APR and BPR. Communicate essential tax rates to your clients this spring with Mercia. Order personalised Tax Cards for your firm now. For more information on this topic and more, please visit www.mercia-group.com for further details.
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7 months ago
5 minutes

Mercia Podcast
In this episode, James Hurst joins Mark Morton to explore the potential changes to VAT in the upcoming budget. Drawing on over 35 years of experience in VAT, James discusses everything from VAT thresholds and electric vehicle charging to postponed import VAT accounting and the complex VAT treatment of taxi services. With a mix of practical insight and policy speculation, this episode is essential listening for anyone navigating the evolving VAT landscape. For more information on this topic an...