No Accounting for Taste ep174: Budget preview, The Payroll Site closing and the evolving CFO

AccountingWEB

The trio start by looking back at the Accounting Excellence Awards 2024 after a successful night at the Roundhouse in London, where the most ambitious firms and individuals in the profession were celebrated. With the Budget less than two weeks away, Richard Hattersley examines the rumours and speculation surrounding what Rachel Reeves may announce on the big day. Will we get an increase in employers’ national insurance? And if we did, might that break Labour’s manifesto pledge? Tom Herbert pulls back the curtain on The Payroll Site announcing its plans to close in 2025. An influx of legislation has made the payroll software market increasingly complex and demanding, while a whole host of competitors have also moved into the cloud payroll space in the intervening years. Is the role of the CFO evolving? Matthew Ord does a deepdive into what the position may look like in the months ahead, why that shift is well underway and what the challenges could be.