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Kirk Rice Blog

Posts by: Kirk Rice LLP

  • Bank Lending Set to Rise for First Time Since 2008Written on August 4, 2015 by Kirk Rice LLP

      Bank lending to businesses is set to rise this year for the first time since 2008, according to the EY Item Club. The lending measure peaked in 2008 at £575bn, but has withered each year since, said the economic forecasting group. Source – BBC News

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  • Summer Budget 2015 – Download Your Free Budget Summary NowWritten on July 9, 2015 by Kirk Rice LLP

    We’ve been waiting for this Budget with bated breath since the Conservatives won the election in May – and the Chancellor delivered a lot in his “big Budget” of Summer 2015. In many ways, Mr Osborne’s announcements this time around are more important than in March, as this Budget sets out many of the measures […]

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  • The Rising Cost of Raising a ChildWritten on July 8, 2015 by Kirk Rice LLP

      The cost of raising a child from birth to age 21 rose by almost £2,000 in 2014, so little wonder then that parents and grandparents are thinking ahead and looking for ways to provide cash to help meet these expenses when the time comes. Research carried out by the Centre for Economics and Business […]

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  • Holiday Money: The Chart That Exposes The €83 Sting When Buying £500 Of CurrencyWritten on July 7, 2015 by Kirk Rice LLP

      Internet, high street or airport for your travel money? And which are the best cards to take? Picking up travel cash at the airport you’re flying from might be the easiest way to get currency, but it certainly isn’t the cheapest Source – The Telegraph

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  • Pension Tax Breaks: This Is Why They’re About To Be CutWritten on July 6, 2015 by Kirk Rice LLP

      George Osborne’s Wednesday Budget is expected to usher in the first of many cuts to pension savers’ generous tax breaks. George Osborne has already indicated that tax relief on pension contributions is one area where the Tory’s deficit-cutting axe could fall. The Conservatives’ pre-election manifesto outlined plans to limit drastically the amounts that high […]

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  • Premium Bonds Sales Over Post Office Counters to EndWritten on July 3, 2015 by Kirk Rice LLP

      Premium Bonds will no longer be sold over the counter in Post Office branches from the end of July. National Savings and Investments (NS&I), which runs the savings lottery, said all sales would be online, by phone, by post or by electronic transfer. Source – BBC For further detail on our Investment service click […]

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  • Care Costs – Meeting the Funding GapWritten on July 2, 2015 by Kirk Rice LLP

      Research carried out by the Centre for Economics and Business Research shows that the typical resident of a care home will stay there for two years and four months, and pay on average £69,000 in fees. Meanwhile, a nursing home resident stays for one year and five months, paying on average £57,000 in fees. […]

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  • Average Mortgage Deposit Hits Record £72,000Written on July 1, 2015 by Kirk Rice LLP

      Homebuyers are putting down a record £72,000 or 30pc, with second-time buyers buoyed by rising equity. It is the highest level since the Mortgage Advice Bureau (MAB), a broker, began collating the figures in March 2009.   Source – The Telegraph Click here to use the free Mortgage Calculators or find out more about […]

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  • What does the Taxman Know About You, Your Finances and Your Lifestyle?Written on June 30, 2015 by Kirk Rice LLP

      HMRC’s impressive new software trawls billions of items of data from dozens of sources in its hunt for underpaid tax – and it’s about to have access to even more information, which can be shared with 60 other countries Source – The Telegraph Ebay Sales are clearly an area for HMRC interest as there […]

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  • When is the Summer Budget?Written on June 25, 2015 by Kirk Rice LLP

    Chancellor George Osborne will announce a new Conservative Budget based on the party’s manifesto. The emergency Budget will be held on July 8 2015, at about 12.30pm in the House of Commons. [Source – The Telegraph] There is a lot of information in the budget so if you would like to receive The Kirk Rice […]

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