Hicks blog

Retired household income up 13% since 2008

Median income for retired households rose by 3.1%between 2014/15 and 2015/16, according to the Office for National Statistics (ONS).

SME borrowing set to rise in 2017

SME borrowing is projected to rise 22% in 2017, according to Zurich.

Tax and finance changes for 2017

A number of tax and finance changes are set to take place in 2017.

Self-assessment reminder

The deadline to submit your online tax return for 2015/16 is no later than midnight on 31 January 2017.

Autumn Statement 2016 expectations

Chancellor Philip Hammond is due to deliver his Autumn Statement on 23 November 2016.

Pension reforms could cost £5 billion

The pension reforms introduced by George Osborne could cost £5 billion and push house prices up in the long term, according to the Office for Budget Responsibility (OBR).

Tax-free childcare to launch in 2017

As part of the scheme, parents will be able to set up an online account with HMRC to pay for childcare with a registered provider.

Businesses pay £44 billion in corporation tax

Businesses paid £44.4 billion in corporation tax in 2015/16, according to figures from HMRC.

Tarmac Tour of Hertfordshire

Property wealth exceeds savings and pensions

69% of over-45 homeowners say that their home is worth more than their pensions, savings and investments combined, research by Aviva has found.