Unlocking Potential: How Microsoft’s Copilot AI Redefines the Workplace

In a groundbreaking move last year, Microsoft unveiled Microsoft 365 Copilot – a game-changing addition that’s imbued with potent generative AI prowess. Think of your daily digital companions like Word, Outlook and Teams getting a turbocharged AI boost. But what’s truly stirring is what this innovation signifies for our society and the profound shift it promises to usher into our work lives.

Late last year, Microsoft unleashed a treasure trove of revelations from its 2023 Work Trend Index report, aptly titled ‘Will AI fix work?’. We’ve combed through this wealth of data and insights to distil the most exciting revelations.

The report paints a vivid picture of a world where our work pace has surged ahead, leaving us racing to catch up. It’s a whirlwind that’s not just challenging our stamina but also stifling our capacity for innovation. Enter the next-generation AI. They’re poised to swoop in and hoist the burdens of work off our shoulders.

For organisations bold enough to embrace this AI revolution, it’s a gateway to unlocking uncharted realms of creativity and skyrocketing productivity. In the words of Microsoft’s visionary CEO, Satya Nadella: ‘This new generation of AI will remove the drudgery of work and unleash creativity’.

The report shares 3 key insights for business leaders as they look to understand and adopt AI for their organisation:

Digital debt is costing innovation. We’re all trapped in the labyrinth of digital debt, drowning amidst a deluge of data, emails and chats. We’re racing against time to keep up. Yet, amidst this chaos lies a golden opportunity to transform our communication landscape into a productivity powerhouse. Every moment squandered on wrangling this digital debt is a moment robbed from the realm of creativity. Startlingly, a staggering 64% of our workforce find themselves perpetually starved for time and energy, a plight that shackles their capacity for innovation and strategic thinking. Those employees struggle 3.5 times more with thinking strategically or being innovative.

There’s a new AI-employee alliance. For many employees, the promise of relief outweighs the fears of job loss. Most managers are looking to empower employees with AI, not replace them. While 94% of people say they’re worried AI will replace their jobs, 70% of them would happily delegate as much work as possible to AI in order to lessen their workloads. Leaders are two times more likely to say that AI would be most valuable in boosting productivity – rather than cutting headcount.

Employees need AI aptitude. This AI revolution means that every employee will need new core competencies, such as AI prompt engineering. 82% of leaders anticipate employees will need new skills. In the US, jobs on LinkedIn that mention ChatGPT have increased by 79%. This new, in-demand and AI-centric skillset will have ripple effects across everything from CVs to job postings.

“The pace and volume of work have increased exponentially and are outpacing humans’ ability to keep up,” said Microsoft’s Jared Spataro. “In a world where creativity is the new productivity, digital debt is more than an inconvenience – it’s a threat to innovation. Next-generation AI will lift the weight of work and free us to focus on the work that matters.”

Are you interested in introducing AI in your organisation? Maybe you’re looking for inspiration?

Get in touch today for an inspiring first meeting: https://bit.ly/3k71yLx

March 26, 2024

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It’s valid to ask, “Do I have to use Making Tax Digital for my business?” If you haven’t started exploring how MTD affects you or your business yet, now is the right time to prepare for the shift. In our MTD-readiness guide, you’ll learn if your business will be impacted by the April 2026 deadline and how you can prepare in advance. Making Tax Digital April 2026 - What Does It Mean? From April 2026, MTD for ITSA will apply to: Self-employed individuals Landlords (those with income from UK property or overseas property) Partnerships with self-employed individuals, where the combined turnover crosses the threshold People with multiple income sources. For example, a self-employed individual who also has rental income Thresholds for Compliance: From April 2026: Those with a gross annual income over £50,000 From April 2027: Those with income over £30,000 From April 2028: Those with income over £20,000 These thresholds are for gross business/ trading and/or property income before expenses, not income from profit. What Do the HMRC Making Tax Digital 2026 Changes Mean for Your Business? If these upcoming changes apply to you, you’ll need to: Start Maintaining Digital Records Keeping paper trails or spreadsheets isn’t enough (unless spreadsheets are used via bridging software). You’ll also need to keep digital records of your income and expenses, which is best done with MTD-compatible software in Business Central. Start logging business expenses, sales, income, and bank transactions. Take photos of receipts and upload them to the records. Submit Quarterly Updates Instead of one annual tax return, from April 2026, you’ll need to send four quarterly updates. These updates report your tax position after every quarter, lowering the load and stress of the year-end rush. Remember to submit updates by: August 7 (for quarter ending July 5) November 7 (for quarter ending Oct 5) February 7 (for quarter ending January 5) May 7 (for quarter ending April 5) Create a Final Declaration You’ll also need to send an End of Period Statement (EoPS) and a Final Declaration at the end of the tax year, replacing the traditional self-assessment exercise. Common Making Tax Digital Problems Businesses May Face Ahead of MTD 2026 In the rush to meet the upcoming deadline, your business may face some common Making Tax Digital problems. Here’s how you can resolve them: 1. Using Incompatible or Unapproved Software Making Tax Digital mandates the use of compatible and approved software for submissions. You may be risking non-compliance by relying on outdated accounting systems or spreadsheets for digital record-keeping and quarterly submissions. You don’t need to look for another MTD-compatible software when your Dynamics ERPs, like NAV (some versions) and Business Central, have MTD features built in. If you’re already familiar with BC but want to get started with MTD, connect with our team today. 2. Lacking MTD Integration with ERP Without MTD software integrated with your broader finance and accounting systems, you’re likely to struggle with reporting gaps, errors in data, data duplication, and related issues that can slow down your efforts and make you non-compliant. NAV and BC already unify your operations into one interconnected system, and pull information from various accounting programmes. You gain complete visibility into deadlines, ensuring you meet them on time. Solidify your MTD prep and reduce the chances of errors, duplication, and non-compliance with Dynamics ERPs. 3. 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How to Prepare for Making Tax Digital Before April 2026

November 26, 2025|

At a Glance From April 2026, HMRC’s Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) becomes mandatory for self-employed individuals and landlords earning over £50,000. Businesses must maintain digital records and file [...]