How to Actually Keep More of Your Hard Earned Money

If I had £1 for every time someone asked me how to save tax, I genuinely would not need to save for my tax bill! 

It is one of the most common questions I get from business owners. And I completely understand it. 

You work hard. You carry the responsibility. You take the risks. Of course you want to keep more of what you earn. 

But here is what I said at the start of Friday’s webinar. 

Decisions made with only tax as the consideration do not work. 

And sometimes, they actively hold you back. 

The Problem With Focusing Only on Tax 

When tax becomes the sole driver of decisions, I often see business owners: 

  • Choosing structures that do not suit theirlong termplans
  • Taking money out of the business in ways that are not aligned with their goals
  • Investing purely for relief rather than because it makes commercial sense
  • Making reactive, year end decisions instead of proactive ones 

Tax should absolutely be considered. 

But it should sit within a bigger strategy, not replace it. 

That is exactly what I unpacked in the webinar. 

Even Accountants Forget the Simple Wins 

One of the attendees was an accountant. And during the session, they commented how easy it is to forget trivial benefits. 

That really stayed with me. 

Because if professionals can overlook small but valuable opportunities, it is no surprise that busy business owners do too. 

When you are running a growing business, managing a team, dealing with clients, and thinking about cash flow, it is easy for the detail to get lost. 

But those details matter. 

What Proper Planning Can Look Like 

In the webinar, I shared real examples of what happens when tax is approached properly. 

One of our clients saves over £16,000 every single year. Not because of anything extreme or clever for the sake of it. But because we aligned their structure, remuneration, and long term plans. 

In my own business, applying the same principles means I save over £27,000 per year. 

That is not about chasing loopholes. 

It is about being intentional. 

When you step back and look at: 

  • How your business is structured
  • How you extract profit
  • What you actually want your money to do for you
  • Where you are heading long term 

You create efficiencies that compound year after year. 

This Is Bigger Than This Year’s Tax Bill 

Quite frankly, saving tax in isolation is the wrong goal. 

The better goal is building a business that supports your life, in the most efficient way possible. 

In the full webinar, I walk through: 

  • The common mistakes I see business owners make
  • The small, often forgotten benefits that add up
  • How to approach profit extraction properly
  • Why proactive planning will always beat last minute fixes 

This blog only scratches the surface. 

You can watch the full recording below. 

And as you watch, I would encourage you to ask yourself one simple question. 

Are my current decisions driven by strategy, or just by tax? 

If you would like to explore what a more intentional approach could look like for your business, book a call. 

Let’s look at the bigger picture together. 

Because tax matters. 

But it works best when it is part of a proper plan. 

Picture of Carrie Stokes Chartered Accountant

Carrie Stokes Chartered Accountant

I work with directors of limited companies in Shropshire, Staffordshire and the West Midlands giving them a clear and up to date financial picture of their business that they understand. Looking at the numbers, what they mean and how they can be improved to grow their business.

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