Skip to main content

2026 FAMILY, PRIVATELY OWNED AND OWNER-MANAGED BUSINESS SURVEY

Download now

Why tax planning tops the business support wish list in uncertain times

man reading papers

Scott McIver

Tax Senior Manager

When uncertainty is high and margins are under pressure, tax quickly becomes more than a compliance exercise. It becomes a strategic consideration that can influence cashflow, investment decisions and long-term plans.

In our March 2026 Business Confidence Survey, nearly half of business owners (49.4%) said tax planning would be the most valuable form of support for their business in the year ahead — more than any other option.

Why tax planning matters more now

As costs rise and rules continue to evolve, unexpected tax liabilities can have a disproportionate impact on smaller and ownermanaged businesses.

Effective tax planning can help you:

  • improve cashflow visibility
  • reduce unwelcome surprises
  • support pricing and employment decisions
  • inform succession and ownership planning

For many business owners, the reassurance of knowing where they stand is just as important as the savings themselves.

From compliance to strategy

Proactive tax planning gives you clarity and control when conditions feel uncertain. More businesses are now looking for advice that connects tax planning with the wider commercial picture — rather than treating it as a once a year exercise.

This is particularly important when decisions around investment, remuneration, business structure or succession are being made in a less predictable environment.

Subscribe to
Inspired

Our monthly bulletin INSPIRED is packed with useful articles to keep you up to date with news and legislation that may affect you or your business.

Subscribe

Related news stories

Man lit up

9th April 2026

Business confidence in 2026: what 245 UK businesses told us

woman on laptop

9th April 2026

Tax planning tips for UK sole traders and partnerships at the start of the tax year

Piggy bank under pressure

10th April 2026

Recognising the early signs of financial pressure — and why seeking advice sooner can make all the difference

Recent news stories

Legal professionals reviewing and signing a contract agreement at a conference table with legal documents and a scales of justice statue in the background.

30th September 2026

Professional services firms balancing growth ambitions with rising regulatory and operational pressures

Insights banner for Armstrong Watson’s 2026 Family, Privately Owned and Owner-Managed Business Survey Report.

25th September 2026

Tax increases and inflationary pressures top concerns for Yorkshire businesses, while cyber attacks have hit 1 in 3, latest survey reveals

Insights banner for Armstrong Watson’s 2026 Family, Privately Owned and Owner-Managed Business Survey Report.

25th September 2026

Cyber attacks hit more businesses in North East, while tax increases and inflationary pressures top concerns, survey reveals

Armstrong Watson can help

If you would like tax advice that supports better decision making — helping you plan confidently, manage risk and focus on what you can control, please get in touch. Call 0808 144 5575 or email help@armstrongwatson.co.uk.

Contact the team