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

September 2, 2026

Mandatory payrolling of Benefits in Kind: Actions to take now

The tax rules on Benefits in Kind (BIKs) are changing. From 6 April 2027, Phase 1 of HMRC’s ‘Mandatory payrolling of Benefits in Kind and expenses’ comes into force. Phase 1 will apply only company cars, car fuel, vans, van fuel and medical benefits.
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September 1, 2026

Energy prices set to rise

Energy regulator Ofgem has announced a 4% increase in the energy price cap for the period covering 1 October to 31 December 2026. This increase reflects higher wholesale gas prices due to the ongoing conflict in the Middle East, with volatile global gas markets remaining the dominant driver of price changes.
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