Advisory services
Exiting your business
Whether you are planning ahead to retirement or wish to move on to a new venture, it pays to plan ahead.
If you are looking to exit your business you will need to decide whether you wish to sell the business – either in part or in full – or hand over the reins to someone else.
Our experts can help you explore your options and ensure that the transaction is handled tax efficiently from start to finish.
If you wish to pass the business on to another director or member of the family, we can help you put in place effective succession plans, ensuring that your company is in great shape for future generations.
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LATEST NEWS FROM Bishops
May 3, 2024
Increasing your profit – why it’s not the same as growing sales
The so-called Micawber principle, as stated by Wilkins Micawber in Charles Dickens’ novel David Copperfield, says: “Annual income twenty pounds, annual expenditure nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds nought and six, result misery.”
read article
May 2, 2024
Hybrid working – what counts as a business journey for tax purposes?
HM Revenue and Customs (HMRC) have updated their guidance on what qualifies as ordinary commuting and private travel for tax purposes to include hybrid or flexible working.
read article
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