Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
Ruth Whyte
Business Advisory Supervisor
23 January 2024
New year, new tech? Make sure implementation is at the top of your resolution listWhile individuals mark the new year with resolutions, many businesses will be using the onset of 2024 to consider how best they can improve their operations.
As digitisation plays an increasingly important role across all sectors, upgrading and adopting new systems is likely to be high on their wish list. Embedded AI (AI that operates in the background without the user realising) is ever growing and robotics are on the rise. Other businesses are anticipating upcoming changes to legislation by utilising cloud software to future proof their business.
Polly Purvis
Johnston Carmichael Tech Advisory Board Member
18 January 2024
Key trends across Scotland’s tech industry for 2024At the start of a New Year, it’s only natural that people in Scotland’s tech sector will start to think about what the emerging themes will be across our industry in the next 12 months. Here, Polly Purvis, Johnston Carmichael Tech Advisory Board member, predicts what these key themes will be.
17 January 2024
Farewell to Form P11D?The HM Revenue and Customs (HMRC) has issued a tax simplification update, affirming the mandatory implementation of payrolling benefits starting 6 April 2026. Presently, employers can choose between submitting P11D forms to report employee benefits for tax purposes or opting for benefit payrolling, which facilitates real-time taxation through PAYE.
Angus Winning
Analyst
15 January 2024
The Practicalities of Demonstrating Fair ValueWhat is value for money? Do customers know when they receive it? Most businesses would claim they offer it, but how would they prove it? That’s the challenge laid down by the Financial Conduct Authority (FCA), who have lost no time in probing this concept. Angus Winning, Consulting Analyst, explains further.
Simon Cavell
Consulting Director
08 January 2024
A Happy New Year? Supporting Customer VulnerabilityThe month of January brings fresh hope for the year ahead – resolutions made, dry January, booking a summer holiday. However, for many, the hangover from Christmas will include credit card bills, higher borrowing costs, and continuing Cost of Living pressure.
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