Hicks blog

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.

Apprenticeship funding proposals announced

Employers with 50 employees or fewer will have up to 100% of their apprenticeship training costs funded by the government.

Small firms: 10% of day spent chasing payments

Small business owners spend 10% of their working day chasing payments, according to research by Xero.