HMRC Archives - RiverView Portfolio

Gov UK website, on the Companies House Page

01 Aug 25

ECCTA Implementation Timeline: What Businesses Must Know

Joe Palmer

ECCTA Implementation Timeline: What Businesses Must Know August 6th 2025 Important Update: Identity Verification for Directors and PSCs From 18th November 2025, all company directors and people with significant control (PSCs) will be legally required to verify their identity with Companies House. This change is part of the Economic Crime and…

luxury high taxpayer woman in black heels getting out of black luxury car in front of private jet and red / grey carpet.

29 May 25

Wealthy Individuals Under the Spotlight: HMRC Doubles Down on Tax Compliance

Joe Palmer

Wealthy Individuals Under the Spotlight: HMRC Doubles Down on Tax Compliance HMRC has significantly increased its efforts to recover tax from the UK’s wealthiest individuals, but a recent report suggests there’s still a long way to go in closing the wealth-related tax gap. Over the past five years, HMRC has…

14 Jun 24

High Earner Tax Returns | Self Assessment

Joe Palmer

High Earner Tax Returns | Self Assessment A common question we receive is: Why do I need to file a tax return if all my income is taxed at source? Previous Requirements In past years, individuals with a gross income over £100,000 had to file a tax return, even if…

07 May 24

Update on Changes to the Construction Industry Scheme (CIS) Gross Payment Status

Jade Farthing

Update on Changes to the Construction Industry Scheme (CIS) Gross Payment Status. Changes have been made in regards to contractors operating within the Construction Industry Scheme (CIS) under the gross payment status. These changes have come into effect from 6th April in relation to both businesses already operating under the…

28 Mar 24

The Basis Period Reform

Jade Farthing

The basis period reform was announced as part of the Autumn Budget in 2021. This change will affect you if you are self-employed, part of a partnership or and LLP that currently don’t prepare their taxes in line with the traditional tax year of April to April. The purpose of…

12 Mar 24

5th April – So what?

Jade Farthing

5th April – so what? The 5th April marks the end of the tax year in the UK, but why is that important? The day marks the last day for you to have done anything to affect your tax position for that year, with the next day being the first…

07 Mar 24

When is a Dividend a Dividend?

Jade Farthing

When is a dividend a dividend? For lots of SME business owners, dividends will make up a significant part of their total personal income. #Dividends will often be used alongside a salary payment from your company. Dividends offer some tax benefits compared to taking all of your remuneration by way…

29 Feb 24

Get ready for changes to UK company law

Jade Farthing

Get ready for changes to UK Company Law. UK Company Law is changing from today, 4th March 2024. We know companies, intermediaries and other stakeholders want to make sure they’re ready for the changes, so that they can take action at the right time. Anyone thinking about incorporating a company…

29 Feb 24

Using the Venture Capital Trusts (VCTs) as part of your personal tax planning

Jade Farthing

Tax advantages of using Venture Capital Trusts (VCTs) as part of your personal tax planning. Following on from our blog about the use of the Enterprise Investment Scheme (READ HERE), we thought we would focus on another investment strategy which may see you obtain tax benefits from – Venture Capital…

22 Feb 24

Using the Enterprise Investment Scheme (EIS) as part of your personal tax planning

Jade Farthing

Using the Enterprise Investment Scheme (EIS) as part of your personal tax planning. The Enterprise Investment Scheme (EIS) is a tax incentivised investment scheme approved by HMRC that UK taxpayers can benefit from. We’re going to take a look at what the tax advantages of EIS are… 1. Income Tax…