Hicks blog

More workers aim to become self-employed

The number of people who are planning to become their own boss has almost doubled in the past year, according to research.

Thinktank wants major reform of ‘inefficient’ tax system

The tax system in Britain should be replaced with a single rate on all forms of income, claims a thinktank.

Taxpayers reclaim £493m from HMRC

HMRC has had to return nearly half-a-billion pounds to taxpayers since April 2015, claims analysis of government statistics.

Food and drink firms bring in record £22bn in exports

Food and drink businesses raised £22 billion from exports in 2017, a record high according to government figures.

One million firms comply with auto-enrolment

The number of employers that have complied with auto-enrolment passed one million for the first time in January 2018.

Paper tax return deadline reminder

The deadline to submit your self-assessment paper tax return for the 2016/17 tax year is 31 October 2017.

Sick pay valued over other benefits

Self-employed people would prefer to receive sick paythan any other statutory benefit, a study has found.

HMRC urged to extend executors’ inheritance tax deadline

Royal London is calling on HMRC to change inheritance tax (IHT) rules on larger estates to allow executors more time to pay complex tax bills.

Digital skills shortage hampers business growth

A lack of digital skills is affecting business productivity and growth, according to the British Chambers of Commerce (BCC).

Gender pay gap reporting becomes law

Employers with more than 250 staff are now required by law to report gender pay gaps, following the introduction of the new legislation.