Business & Strategy Archives - RiverView Portfolio

Small business cashflow dashboard with overdue invoices, showing the impact of late payment reform following the 2026 King’s Speech.

14 May 26

Late Payment Reform: What the 2026 King’s Speech Could Mean for Small Businesses

Joe Palmer

Late Payment Reform: What the 2026 King’s Speech Could Mean for Small Businesses The 2026 King’s Speech confirmed plans for new legislation aimed at tackling late payments to small businesses. For SMEs, this could become one of the most practical business changes to watch over the coming months. Late payment…

28 Apr 26

Free HMRC Corporation Tax Filing Has Closed: What Small Companies Need To Do Now

Joe Palmer

Free HMRC Corporation Tax Filing Has Closed: What Small Companies Need To Do Now The free HMRC and Companies House joint online filing service has now closed. For many small companies, this is a bigger change than it first appears. The service, often used by smaller companies to file accounts…

Calculator beside business invoices representing rising UK tax receipts and tax planning for SMEs.

24 Apr 26

UK Tax Receipts Hit Record £939bn: What It Means for SMEs

Joe Palmer

UK Tax Receipts Hit Record £939bn: What This Really Means for SMEs and Business Owners HMRC collected a record £938.8 billion in tax and National Insurance contributions during the 2025/26 tax year. That is not just another Treasury statistic. It is a clear sign of where the UK tax environment…

Calendar with a tax date marked and magnified, representing the new UK tax year changes from 6 April 2026

07 Apr 26

6 April 2026 Tax Year Changes: Key UK Updates for Business Owners

Joe Palmer

New Tax Year Changes From 6 April 2026: What Business Owners Need to Know The new tax year starts today, 6 April 2026, and several important UK tax changes are now live. The biggest ones for business owners, landlords and employers include the start of Making Tax Digital for Income…

Construction Industry Scheme CIS changes April 2026 nil returns and penalties for UK contractors

30 Mar 26

CIS Changes April 2026: Nil Returns, Penalties & What Contractors Must Do

Joe Palmer

CIS Changes April 2026: Nil Returns, Penalties & What Contractors Must Do Last updated: March 2026 From April 2026, contractors operating under the Construction Industry Scheme (CIS) will be required to take action every month, regardless of whether subcontractors are paid. This means either submitting a full CIS return, a…

12 Mar 26

Making Tax Digital for Income Tax: What Business Owners Need to Know

Joe Palmer

Fewer Than 10% of Taxpayers Are Ready for Making Tax Digital – What It Means for Business Owners Making Tax Digital for Income Tax is no longer a distant change. From 6 April 2026, sole traders and landlords with qualifying income over £50,000 will be required to comply, and from…

Close-up of a person reviewing a financial report with charts and numerical data using a pen, representing accurate financial reporting and financial analysis.

05 Mar 26

Wood Group’s £13m FCA Fine: The High Cost of Inaccurate Financial Reporting | RiverView Portfolio

Joe Palmer

Wood Group’s £13m FCA Fine: The High Cost of Inaccurate Financial Reporting Bottom line: “Nearly right” reporting is still wrong — and regulators (and investors) treat it that way.A recent FCA enforcement case involving John Wood Group PLC is a timely reminder that accuracy in financial reporting is not just…

HM Revenue & Customs building sign ahead of mandatory tax adviser registration from 18 May 2026

26 Feb 26

HMRC Mandatory Tax Adviser Registration from 18 May 2026: What UK Practices Must Do

Joe Palmer

HMRC Mandatory Tax Adviser Registration from 18 May 2026: What UK Practices Must Do From 18 May 2026, HMRC is rolling out a mandatory registration requirement for tax advisers who interact with HMRC on behalf of clients. Registration is tied to an Agent Services Account (ASA) and will be introduced…

02 Feb 26

UK Top 100 Taxpayers Paid £5.7bn – What This Means for Business Owners

Joe Palmer

UK’s Top 100 Taxpayers Paid a Record £5.7bn What Does This Mean for Business Owners? The UK’s 100 highest taxpayers paid a record £5.7bn in tax in a single year, according to publicly reported figures from the latest Sunday Times Tax List. The headline number has attracted plenty of attention.…

A conceptual photograph representing the financial services offered by RiverView Portfolio, Property Tax Advice, Expat Tax Advice, and Crypto Tax Advice. The image features white cubic tiles spelling 'PROFIT' horizontally in black lettering and 'LOSS' vertically in red lettering, with the two words intersecting at the letter 'O' against a clean white background.

29 Jan 26

Major Companies House Profit and Loss Filing Changes Paused

Joe Palmer

Small Company Directors: Major Companies House Profit and Loss Filing Changes Paused What This Means for You and Your Business If you run a small limited company, you may have seen headlines over the last year suggesting that your full profit and loss account could soon become publicly available at…