Onyx Accountants and Business Advisors

03/09/2026

The Annual Investment Allowance could allow eligible businesses to deduct the full cost of qualifying plant and machinery from their taxable profits.

Depending on the circumstances, qualifying assets can include:
🔧Machinery
🖥️Equipment
🔨Tools & Business Equipment
⚙️Certain plant and machinery

Planning an investment? Speak to the Onyx team before you make the purchase

01/09/2026

VAT registration just got a lot more interesting! Did you know you might reclaim VAT on some costs from before you were even registered? It could mean reclaiming VAT on goods bought up to four years prior and services up to six months earlier, but only if they're linked to your current business. Intrigued? Find out why this could impact your next VAT return and what special rules might affect you.

Businesses that register for VAT may be able to reclaim VAT paid on certain goods and services purchased before VAT registration. There are specific time limits for claiming pre-registration VAT.

21/08/2026

A day at Accountex London - connecting with industry experts, discovering new technology and getting a closer look at the latest developments shaping the future of accountancy.

For us, staying ahead isn’t just about keeping up with the change - it’s about understanding how we can use it to deliver a better service and more value to our clients

18/08/2026

Spotted a mistake on your Self Assessment tax return?

The sooner you act, the smoother the process. Not sure where to start? Drop us a message 📩

10/08/2026

Alert: Mileage rates for work journeys have changed! Car and van rates jump to 55p per mile for the first 10,000 miles. Curious how this affects you or a colleague? Find out why thousands could be missing out on tax-free relief and what to check with your employer. Read on to make sure you're claiming what's rightfully yours.

Employees who use their own vehicle for business journeys may receive Mileage Allowance Payments (MAPs) from their employer. These payments can be made tax-free up to HMRC’s approved amount,

07/08/2026

Not sure if you’re using the right VAT scheme?

Our team can review your current setup and help you choose the option that best supports your business ✅

04/08/2026

Do I really need an accountant?

It’s a question we hear all the time.

We’re proud to support our clients with more than just compliance - providing proactive advice, peace of mind and support as their businesses grow ☘️

29/07/2026

Is your business is VAT registered, if so, you can usually reclaim VAT on many of the goods and services you buy for business purposes.

27/07/2026

Urgent update for new employers! If you're starting to pay staff or subcontractors, there's a must-do step before payday. Missing it could complicate your payroll. Find out why registering as an employer matters for your business now.

If you are starting to employ staff or engaging subcontractors for construction work, you will generally need to register as an employer with HMRC. This obligation extends even to individuals who are

23/07/2026

Alert: Could your commercial property be unlocking hidden tax relief?

Many miss out on a valuable allowance linked to building and renovation costs. Find out why this matters now and what to check to make sure you're claiming all you're entitled to.

Read on to explore the potential benefits waiting in your property investments.

Latest News - Onyx Accountants in Birmingham - Contact: 0330 043 1909