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

April 28, 2025
MTD for Income Tax: Less Than a Year to Go.
If you're a sole trader or landlord with annual income over £50,000, a major change is coming your way. From 6 April 2026, you may be required to keep digital business records and submit quarterly updates to HM Revenue and Customs (HMRC) under Making Tax Digital (MTD) for Income Tax.
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April 24, 2025
Delay to Consultation on the Tax Treatment of Predevelopment Costs
At Autumn Budget 2024, we were promised a consultation on the tax treatment of predevelopment costs. However, following the Court of Appeal’s decision on a recent case, the government is postponing publication of the consultation while it considers the implications of the decision.
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