Onyx Capital Group Limited Tax Strategy

Our Approach to Tax

Onyx Capital Group Limited and its subsidiaries ('Onyx' or 'the Group') is a leading liquidity provider in oil derivatives and operates across proprietary trading, brokerage, and data services. Several companies in the Group are authorised by regulators globally including the Financial Conduct Authority.

This tax strategy, prepared in accordance with Paragraph 16(2) of Schedule 19 of Finance Act 2016 and approved by the Board of Directors, sets out Onyx's approach to UK taxation and applies to all UK entities in the Group for the period ended 31 December 2024.

Approach to tax risk management and governance

Attitude towards tax planning

Acceptable level of risk

Relationship with HMRC