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Kirk Rice Blog

Posts by: Kirk Rice LLP

  • Complex Families – Is Simple Estate Planning Possible?Written on May 14, 2019 by Kirk Rice LLP

    You are not alone in struggling to come to terms with this dilemma. How wealth is distributed on death under the legal system, known as intestacy, when you do not have a valid Will may not be how you want your wealth distributed, highlighting the potential conflict between the legal and the desired outcome. Clearly […]

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  • Thames Valley Business Expo- Kirk Rice Will Be There.Written on April 17, 2019 by Kirk Rice LLP

    The Thames Valley Business Expo Ascot, formerly Thames Valley Business Expo Windsor, is the ultimate networking event to connect with like-minded individuals in an informal, beautiful setting and leverage first-class contacts. Taking place at The Pavillion, Royal Ascot Racecourse on 23rd May this years event will deliver the new ideas, inspiration, motivation, contacts and skills […]

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  • Smart Works – Join Kirk Rice To Help Women In Need Get Into EmploymentWritten on April 4, 2019 by Kirk Rice LLP

    Maxine Guest, Partner of Kirk Rice LLP, likes to help causes that are close to her heart, such as providing other women in business with the same opportunities that she has had. This is why we are supporting the amazing charity Smart Works. Smart Works is a national charity run by recruitment and fashion experts […]

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  • EU Exit – Government Launches Service To Prepare FirmsWritten on March 20, 2019 by Kirk Rice LLP

    ‘Prepare your business for leaving the EU’ is an online tool that provides information on specific rules and regulations, and aims to inform business owners of what is changing in their sector. Through accessing the tool you will find out: what your business may need to do to prepare for the UK EU exit What’s […]

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  • Team Kirk Rice Complete the Fleet Half Marathon Raising Funds for Stepping Stones DSWritten on March 18, 2019 by Kirk Rice LLP

    Their places were funded by the Kirk Rice Partners and the team set themselves a target of £750, which they exceeded by £550. With two experienced runners it was well within their abilities and with one relatively new to running it created an exciting brand new challenge. Margaret Marson was the fasted of the firm’s […]

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  • A Spring Statement In The Eye Of The Brexit StormWritten on March 14, 2019 by Kirk Rice LLP

    Mr Hammond made clear some while ago that he wanted his Spring Statement to be a short financial briefing and he stuck to a no-frills script. There were no new tax measures and only minor spending changes. The Office for Budget Responsibility (OBR) trimmed its projections for government borrowing, but Mr Hammond kept his powder […]

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  • Apprenticeship Programmes – Is It Worth Hiring An Apprentice For Your Business?Written on February 27, 2019 by Kirk Rice LLP

    A quick recap for small businesses Apprenticeships combine working with studying to gain skills and knowledge in a specific job. In a nutshell, an employer pays an apprentice to work for them and train on an approved apprenticeship programme. The government funds nearly all of the training costs. Apprentices can be new employees, or current […]

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  • Rental Property Sale – What Are My Tax Liabilities?Written on February 27, 2019 by Kirk Rice LLP

    The type of tax liability in a rental property sale that needs to be considered here is capital gains tax. A capital gain in simple terms is the difference between the price you sell the property for, less the original purchase price. This will give you the basic capital gain (or potentially a loss) from […]

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  • Mortgage In To Retirement – Is Equity Release An Option?Written on February 27, 2019 by Kirk Rice LLP

    It may be possible to find a lender that will lend the amount you need to age 80 using a residential mortgage. But this is just deferring the problem to a later date rather than being a permanent solution. It would be sensible to speak to a mortgage adviser to see if this is possible […]

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  • A Case Study – A Successful Parting Of WaysWritten on February 14, 2019 by Kirk Rice LLP

    Kirk Rice restructured the business by way of a share buy-back for the exiting family. The company purchased back the shares using cash reserves which left the family wishing to continue with 100% of the business going forward. The exiting family received their capital return under favourable capital gains tax rates and by claiming entrepreneur’s […]

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