Posts

IR35 or Off-Payroll Working Rules – Are you Affected?

IR35 Protection - Onyx Accountants

Tuesday,  3rd March 2020, Updated Wednesday, 18th March 2020

The big IR35 Private Sector Reform is now under way with new legislation delayed and will now take effect from 6th April 2021, due to coronavirus pandemic.

Businesses and … Read more ->

It’s Never too early to file your Tax Return

Never too early to file a tax return

Thursday 12th March 2020

Are we mad? Absolutely not!

If you have received a reminder from HMRC or know that you must submit a tax return for the 2019/2020 Tax Year – then why wait until January 2021?

You … Read more ->

Pensions – End of Tax Year Planning

Pensions - End of Tax Year Planning

Monday, 9th March 2020

As a business owner, you have already made sure that your business is off the ground and doing well. The combination of work force, systems and investments are all sorted.

HOWEVER – what about your pension?Read more ->

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Rolling out the Research …

Research

Wednesday, 4th March 2020

Research and Development (R&D) tax relief and tax credits are amongst the most under-claimed tax incentives currently available.

Most business owners have no idea if they can make a claim. Contact us now and leave the … Read more ->

Are you Frustrated with your current Accountant?

Hassle free handover

Monday, 2nd March 2020

The new tax year is almost upon us and for many it is also the start of your new financial year end. It is a time when many of you will rely on your accountant … Read more ->

A tax bill is never good news, but an unexpected one is worse

Unexpected tax bill

Thursday, 27th February 2020

Was your tax bill a surprise resulting in a chunk of your hard earned savings going to HMRC? Perhaps it was completely unexpected!

Following the self-assessment payment deadline, an unexpected tax bill or one that is … Read more ->

HMRC Late Payment Penalties – Avoid the 5% Surcharge

5% Surcharges

Monday, 24th February 2020

We all know that interest is charged on payments that are made after the initial due dates. But did you know that HMRC will also apply a surcharge when the tax payment is made after a … Read more ->

Why you can’t afford to miss those January deadlines

Taxation - Penalties

Wednesday, 19th February 2020

Can your business afford increasing HMRC penalties? Left ignored they can top £1,600 per return per tax year! High penalties can affect your day to day cash flow, delaying that all important capital purchase, staff incentives … Read more ->

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We are now a XERO Silver Partner and Certified Advisor

XERO Silver Partner

Tuesday, 18th February 2020

We are pleased to announce that Onyx Accountants Limited are now a XERO Silver Partner and Certified Advisor.

At Onyx we have been managing a large proportion of our clients on the XERO accounting platform.  … Read more ->

Enhanced Capital ALlowances – The End of an Era

ECA Energy Efficiency

Monday, 17th February 2020

The Enhanced Capital Allowance (ECA) scheme was created in 2001 to provide a financial incentive for businesses to invest in products that meet the standards for high energy efficiency performance. Improved levels of energy efficiency can … Read more ->