💷 The £1,000 Tax Saver Checklist
Stop overpaying HMRC.
Most small business owners leave £1,000+ on the table every year by missing easy wins — like forgetting claimable expenses or using the wrong setup.
This checklist gives you the top tax-saving actions that are quick to implement and 100% HMRC-approved.
✅ Tick off what you’re already doing
🔎 Highlight what you need to fix
💰 Watch your tax bill drop
🧾Business Structure
◻️ I’ve set up a limited company (or know when it makes sense to do so)
◻️ I’m paying myself using salary + dividends to reduce tax & National Insurance
◻️ I’ve reviewed my setup with an accountant in the last 12 months
💸 Business Expenses (Most Missed)
◻️ I’m claiming a portion of my phone & internet bills
◻️ I’m claiming a home office deduction (flat rate or actual costs)
◻️ I deduct equipment like laptops, phones, and other work essentials
◻️ I claim for training & online courses that improve my business
◻️ I track travel, meals, and events related to my work
◻️ I claim apps, subscriptions, software and tools used for business
◻️ I deduct part of my rent or utilities if using my home for work
🏦 Smart Money Moves
◻️ I have a separate business bank account
◻️ I’m saving for tax in a dedicated savings pot
◻️ I’ve reviewed if VAT registration makes sense for me
◻️ I contribute to a pension to reduce tax
◻️ I’ve explored paying family members legally through my company
🔮 Future-Proofing
◻️ I know the VAT threshold (£90,000) and track income monthly
◻️ I’m keeping records in accounting software (Xero / FreeAgent / QuickBooks) to stay organised
◻️ I’ve explored how to split or delay income to make the most of personal allowances
◻️ I’ve scheduled an annual tax strategy session, not just bookkeeping
📞 Need a second opinion?
Missed a few ticks? That’s normal — most business owners do.
Let’s fix it.
👉 Book a free 20-minute discovery call to get a clear picture of what’s possible and how the right accountant can help you keep more of what you earn.