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Tax MOT: 32 Ways to Legally Save More Tax This Year
Stephen Edwards
April 14, 2025
Table of Contents
Estimated Reading Time: 4-5 mins
Hi everyone,
It’s Stephen Edwards here from Gro Profit First Accountants. This week, I’m doing something a little different.
Normally, I share quick insights around Profit First, business strategy, and mindset. But today, I want to take you behind the scenes and show you something we've started doing that's been hugely popular for the first cohort of clients, our Tax Diagnostic Review (AKA the 32 ways to save tax).
Most accountants stop at compliance — and it’s costing you
There are actually three levels of tax support your accountant should offer:
✅ Tax Compliance – Filing returns on time, paying the right tax, staying legal.
🩺 Tax Consultancy – Strategic planning to match your personal and business goals.
💬 Tax Advice – Actually implementing real-world actions to make those savings happen.
But here’s the problem:
Most accountants live purely in the compliance zone ⚠️.
They make sure you’re legal, maybe mention a few basic strategies, but they don’t go deeper — simply because they’re too busy or they don’t charge properly for it.
The reality is, many businesses have never had a full strategic tax review. If you’ve not had one in the last three years, you're very likely missing out on thousands of pounds in tax savings.
Introducing the "Tax Diagnostic" Review
We wanted to change that.
At Gro Profit First Accountants, we’ve launched something we call a Tax Diagnostic Review — and the response has been phenomenal.
It’s a deeper, more strategic review of your tax position, built around 32 different areas where you could be saving money.
Think of it like an MOT for your business finances 🏎️.
When should you have one?
If you’re just starting out, it's about making sure your structure (shares, salary, dividends) is set up properly.
If you’re growing, it’s about maximising what you take out personally — cars, pensions, working-from-home claims, company assets, and more.
If you’re planning an exit, it’s about preparing properly to maximise value and minimise tax liabilities when you sell.
What do we look at?
Here are just a few of the 32 areas we review:
Salary vs dividends (are you optimised?)
Company cars vs mileage claims (is an electric car worthwhile?)
Pension contributions (are you taking advantage?)
Shareholder structure (is it tax-efficient?)
Rent and reimbursement claims (are you getting paid for using your home?)
Personal assets (are they being used correctly in the business?)
It’s not a quick skim — we go methodically through each point and produce a "Tax MOT Certificate" to show you exactly what’s been checked and optimised.
What results have we seen so far?
The results have been staggering.
On average, we’re finding just under £5,000 in tax savings per limited company, PER ANNUM! That’s £50K over 10 years 🤩.
This isn’t theory — these are real, practical, legally sound savings.
And because we’re so confident in the process, we created a guarantee:
If we don’t find at least £2,000 in savings (double the cost of the review), you don’t pay a penny.
In fact, across all the reviews we’ve done so far, we’ve only had one case where we didn’t find some form of significant saving.
What should you do next?
If you already have an accountant, you can ask them about doing a deeper review.
But honestly, don’t be surprised if they look at you blankly — most firms simply aren’t set up to deliver this level of review because they’ve trained their teams around compliance work, not consultancy.
If you’re an existing Gro Profit First Accountants client, we’re prioritising you for these reviews.
Feel free to reach out to me directly if you’d like more details on the process, timings, or investment.
Bonus:
I’ve attached a visual diagram showing the 32 Ways to Save Tax so you can see for yourself what we cover.
If there’s a chance to find an extra £2,000, £5,000 or even more in your business — why not find out?
Until next time,
Stephen Edwards
Gro Profit First Accountants
Want to book a Tax Diagnostic Discovery Call To See if we think we can save you money?
Book it NOW
PS - The whole point of saving tax is so you can do more of the things you want to in your life. Whether that is helping your family out, saving for this future, building your pension, retiring early or paying for that dream holiday, it's all about you and what you want.
The Edwards Family Holiday from 2016 in Disney
Want some help?
3 Ways I can help you.
Book a Tax Diagnostic Discovery Call To See if we think we can save you money?If you are not a client, then you can book a call HERE so we can learn more about your business.
If you are a client and we don’t already help you with Profit First or you taxes, email me via [email protected] to arrange a chat about the Profit First System and how it can increase your cash balance and profits (guaranteed)
Get some tax tips from my TikTok HERE
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