Maximise Your State Pension: Act Before the April 2025 Deadline
If you have gaps in your National Insurance (NI) record between 6 April 2006 and 5 April 2018, time is running out to make voluntary contributions that could boost your…
Getting organised for the new tax year: Key personal tax considerations
As we step into a new tax year, it’s the perfect time to get ahead of your personal tax obligations and ensure everything is in order. Taking a proactive approach…
Supporting our community – Championing Jamie’s Farm
At Lerica, we are passionate about giving back to our community and were delighted to support Jamie’s Farm, a charity dedicated to empowering young people to thrive. Through their unique…
Budget 2024 Update: Changes to Capital Gains Tax for business asset disposal relief
The new Labour government has introduced changes to the capital gains tax (CGT) rate under business asset disposal relief, as anticipated. Currently set at 10%, the tax rate for the…
Tough but fair? How the Budget affects businesses and individuals
The Chancellor, Rachel Reeves, has unveiled what many are calling a ‘tough but fair’ budget. With several aspects already leaked, the announcement didn’t hold many surprises, but it does bring…
Lerica continues proud sponsorship of Corsham RFC Players
We believe in fostering community spirit and supporting local talent, which is why we're delighted to continue our sponsorship at Corsham RFC for the 2024-2025 season. This year, we’re proud to back…
Upcoming Tax Changes: What to Expect and How to Prepare
With changes to Capital Gains Tax (CGT) already on the horizon—specifically, the new rates for the sale of furnished holiday lets from 6 April 2025—there’s growing speculation about whether these…
Basis Period Reform – how it affects unincorporated businesses only
From April 2024, sole traders and partnerships must report their annual profits based on a fixed period from 1 April to 31 March each year, moving away from any other…
Protecting your state pension whilst caring for a child under 12
If you're a parent or carer of a child under 12 and receive child benefit, you're in luck. You'll automatically get national insurance credits that contribute to your State Pension,…
Making Tax Digital for landlords and self-employed people
Starting April 2026, new rules are coming for landlords and self-employed individuals. Here’s the detail: If your rental or self-employed income (before expenses) exceeds £50,000 in the 2024/25 tax year,…