Hicks blog

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.

Self-employment growth driven by part-timers

The number of self-employed workers increased from 3.8 million in 2008 to 4.6 million in 2015.

New system to challange business rates outlined

A system to allow businesses to check and appeal business rates bills has been announced.

The aim is to ensure that disputes are settled more promptly.

Businesses will require software for digital tax accounts

Businesses will need to submit their tax and financial information quarterly using software that’s compatible with HMRC’s systems.

Charities unaware of reporting Obligations

Many charities are unaware of their reporting obligations with 1 in 5 having submitted the wrong documents, according to research by the Charity Commission.