Advisory services
Tax planning
Our tax planning services allow your business to be tax-efficient, whilst complying with HMRC’s strict regulations. We offer a range of strategic tax planning services including:
- Advising on the most tax-efficient structure for your business
- Making the most of tax opportunities and reliefs specific to your business sector
- Maximising available tax reliefs
- Tax-efficient profit extraction
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LATEST NEWS FROM Bishops
August 27, 2026
Cost of business crisis for British SMEs
UK businesses are facing a “cost of business crisis”, according to the British Chambers of Commerce (BCC). Its new cost-stack calculator shows government policy alone has pushed up an average firm's expenses by 70% over the past decade, adding roughly £827,000 a year in costs for a typical mid-sized business. About a quarter of the rise stems from the increase in employer National Insurance contributions, with the higher minimum wage and mandatory pension auto-enrolment also major contributors.
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August 26, 2026
Making Tax Digital for Income Tax first quarter statistics published
Under Making Tax Digital (MTD) for Income Tax, sole traders and landlords with income of more than £50,000 have been required to keep digital records and send quarterly updates to HMRC since 6 April 2026.
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