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.

We love Lerica’s hometown of Bradford on Avon - it's such a charming place with a great community vibe. Recently, the Lerica team had the pleasure of grabbing lunch together at a cosy spot in town, The Mill Café. It's the kind of place that makes you feel right at home, and we can't get enough of it.

Kick start your financial well-being in 2024 with our quick guide on effective financial resolutions:

The recent Lerica Away Day provided a unique opportunity for us to step out of our regular work environment and engage in collaborative discussions and activities. One of the key focus areas was to explore and define our mission, vision and values which will serve as the bedrock of our culture here at Lerica.

Take a look at our five top tax tips to support your effective tax planning.

There’s a new name in Bradford on Avon - Lerica Tax Accountants. Previously David Reed Associates and more recently DRA, it was 11 years ago that Managing Director Claire Swain, took an equal stake in the business and became a Director.