Hicks blog

Digital tax accounts to replace annual tax return

HMRC has launched a digital accounts system for businesses and individual taxpayers.

The new system will allow people to see their tax details and make payments at any time during the year

Finance Bill 2016 passes through parliament

The Finance Bill 2016 passed through parliament in December 2015. This bill puts into law many of the measures announced by the Chancellor in his Budget and Autumn Statement speeches.

New state pension: a guide

The new state pension comes into effect from 6 April 2016 but research has found that many savers don’t understand the changes.

Help to Buy ISAs popular in first month

Two thirds of potential home buyers plan to use the Help to Buy ISA scheme to save a deposit for a home.

Preparing for the national living wage

The national living wage (NLW) of £7.20 an hour for workers aged 25 and over will come into effect on 1 April 2016.

Consumer confidence rises despite uncertainty over economy

People feel more confident about their personal finances but still have concerns about the state of the economy.

Women unsure about pension savings

When it comes to retirement plans, 71% of women don’t know what size pension pot they need to provide the retirement income they want.

UK R&D spending lowest in the G8

The government spends around 0.49% of GDP on funding research and development (R&D), prompting business groups to call for help to increase growth.

Private sector businesses hit record number

The number of private sector businesses has reached a new record of 5.4 million, the Department for Business, Innovation and Skills has announced.

Creating a highly engaged workforce

The survey points towards the fact that a flexible environment without too many restrictions can lead to a more trusting and productive workplace.