This Week’s Profit First Club Newsletter Estimated Read Time: under 3 minutes   Hi everyone, It’s Stephen Edwards from Gro Profit First Accountants, and welcome to this week’s Profit First Club Newsletter! This week, I’m diving into 33 practical ways to save tax—not gimmicks or loopholes, but proven strategies that keep more profit in your pocket while staying compliant. Most business owners I speak to are focused on sales and growth (and rightly so), but they don’t always realise how much of their profit is being lost unnecessarily to tax. The reality is that you could be missing out on £5,000–£10,000 in savings every single year simply because your setup hasn’t been reviewed properly.   Key Insights from This Week’s Video Here are a few highlights: The three layers of tax support every business should have: compliance, tax planning, and proactive strategy. Why salary vs. dividends vs. pensions is one of the simplest but most overlooked ways to optimise your personal tax bill. How family businesses can legally reduce tax by employing spouses and children in the right way. Why timing matters—aligning your business year-end with personal circumstances can sometimes save thousands. Real examples, including a family business that uncovered a £50,000 saving simply by restructuring how profits were withdrawn.   Thought for the Week Knowledge is only potential power. It’s the action you take with that knowledge that creates results. Whether it’s pensions, vehicles, or profit extraction, the businesses that win are the ones that treat tax as part of their strategy—not just a year-end obligation. Next Step If this has sparked ideas and you’d like to see how much tax you could be saving in your own business, I offer a Tax Discovery Call. We’ll run a quick diagnostic review and show you where hidden savings might be sitting. Many clients see between £3,000–£10,000 in savings, and sometimes far more. Click here to book your free Tax Discovery Call Or just reply to this email: stephen@cheltenhamtaxaccountants.co.uk   Until next time,Stephen EdwardsProfit First Accountant & Business CoachGro Profit First Accountants wearegro.co.uk