We’re delighted to (belatedly!) share some wonderful baby news from two of our team members.

As you may be aware, HMRC has ramped up its compliance activity – more checks, more staff, and a clear directive to increase tax revenues. That means more businesses and individuals are being selected for enquiries, even when there is nothing wrong.

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 can help you avoid last-minute stress, unexpected tax bills, and even potential penalties

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 State Pension.

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.

The new Labour government has introduced changes to the capital gains tax (CGT) rate under business asset disposal relief, as anticipated.

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 two young players, helping them pursue their passion for rugby and enjoy the game they love.

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 impactful changes. Here, we’ll dive into the key points from the Autumn statement and how they may impact businesses and individuals alike.

Will we see an impact on principal private residence reliefs? Or perhaps a revision of the 10% CGT rate on business assets (Business Asset Disposal Relief)? These are just some of the questions circulating.

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 reporting periods.

If you're a parent or carer of a child under 12 and receive child benefit, you're in luck.

Starting April 2026, new rules are coming for landlords and self-employed individuals. Here’s the detail.

Does your company own a residential property valued over £500,000? If so, you might need to pay an annual tax on it.

Lerica Tax Accountants are proudly supporting the 2024 Bradford on Avon Live Music Festival, a celebration of the vibrant local talent and unique culture that makes our community unique.

In the recent Spring Budget the Chancellor revealed plans to abolish tax reliefs for Furnished Holiday Lettings (FHLs) starting from 5 April 2025 - here’s what we can expect.

Here’s an overview of some key strategies to make the most of this financial year's savings opportunities.

The Chancellor announced his eagerly awaited Spring Budget on 6 March 2024 – this Blog provides a succinct overview.

The UK’s corporation tax landscape has significantly shifted as of 1 April 2023. This blog explores the implications of these changes, offering insights into how they affect businesses.

In this blog, we look at some of the tools available when considering the most efficient methods for gifting to family or loved ones.

Managing taxes with changing profits is challenging. This blog explores the details of the current tax system, pointing out the problems and ways to handle taxes when profits vary.