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5 Tax Planning Tips Every Small Business Should Act On

The CASS Team 30 May 2026 5 min read
5 Tax Planning Tips Every Small Business Should Act On

Effective tax planning isn't about last-minute scrambling — it's about making smart, proactive decisions throughout the year. Here are five areas where small businesses often leave money on the table.

1. Profit extraction: The mix of salary and dividends can make a real difference to a director's take-home pay. 2. Pension contributions: A tax-efficient way to reward yourself. 3. Capital allowances: Claim for equipment and qualifying assets. 4. Timing income and expenses: Small adjustments can shift liabilities favourably. 5. Using allowances: Don't waste your annual exemptions.

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