RETIREMENT / EXIT PLANNING

When the time comes in your life that you’re looking to retire or move on, rest assured that we’ll make sure everything is handled properly.

START PLANNING FOR YOUR FUTURE NOW

When you sell, wind up or hand over your business to a successor, there are a number of business responsibilities and tax considerations you need to be aware of. Our team are experienced in helping you plan your exit strategy to ensure you get the best possible outcome for you and your business.

Areas We Can Help With

Whatever the reason for exiting your business, our team of experts will be on hand to help. Simply click on any of the options below to find out more…

The decision to sell a business can be a difficult, emotional and often very stressful. Ensuring you have the right advice and expert knowledge from the beginning can help to make the process of selling a business easier and more efficient.

Whether you are a sole trader, partnership or limited company, it is important that you fully understand the financial and tax implications and the legal responsibilities involved when preparing a business for sale in the UK.

If you are just starting out in business, thinking about your retirement may not be your immediate priority, however based on our experience we advise our business clients to start planning for retirement as early as possible.

There are so many options on how best to retire but the key is to have a retirement plan in place well in advance to ensure that you take advantage of the tax reliefs available and ensure you get the best retirement package possible.

Implementing a sound succession plan for your business now could save you valuable time and money in the future. It will also ensure that you leave your business in a strong position for your successor.

You may be looking to incentivise key employees with share option schemes, or looking to introduce the next generation. Our team of experts will guide you through the choices available in order to meet your personal objectives, and advise on the most suitable succession plan for you and your business.

You may decide that your owner-managed business is so unique that the only option to exit is to liquidate the business.

Depending what the value of the business is will depend on how you need to approach it. We can advise you on the path you will need to take to ensure compliance with HMRC rules.

FIND YOUR LOCAL OFFICE

We have offices all over the UK. Click below to find yours.

Testimonials

“Very well organised and knowledgeable regarding our property letting business. I have already recommended friends to SKS Bailey and will continue to do so because in this business one size hat doesn’t fit all and a bespoke model can be adopted when consulted. Excellent.”
Mark Alldersea
Mark AllderseaHousing Freedom/ Alldersea Building Contracts
“The service provided by the SKS Bailey Group I have always found to be professional, efficient and friendly. They respond to my questions very promptly and thoroughly, and often go above and beyond in the level of service they provide to their clients.”
Carl Forman
Carl FormanFor-Ward Planning Consultancy Limited
“SKS Bailey Group provide wide ranging knowledge and expertise on all matters concerning tax, property and succession planning. I would highly recommend their service.”
Claire Payne
Claire PayneMaximum Property LLP
“Brilliant professional service delivered by friendly helpful staff, I would and will highly recommend to friends and colleagues.”
David Ede
David EdeBlackhall RAFA Association treasurer
“I have used SKS Bailey for many years now for my business accounts, payroll, and personal taxation. I have always been satisfied with their service and wouldn't hesitate to recommend them.”
Christopher Watson
Christopher WatsonExecutive Mortgage Solutions
“SKS Bailey Group have always provided a very good and efficient service for our business always there when we need them and we are very Happy working with them.”
Philip Walsh
Philip WalshPhilip & Martin Walsh
“SKS Bailey Group provide a very professional service very efficiently and the staff are very pleasant to deal with.”
Stephen Barley
Stephen BarleyMechelec Associates
“We have worked with the Bailey Group for a number of years with our group of companies. They really understand our tax planning needs, true property experts and very much helped with our relocation to Monaco. Highly recommended.”
Paul Smith
Paul SmithTouchstone Education
“Stapleton consultants , have pleasure in giving testament to SKS Bailey Group in providing services that are essential to allow the business to run smoothly, knowing the financial accounts are in safe hands.”
John Palmer
John PalmerStapleton Consultants Ltd
“High quality, long lasting service, always very pleased. Above and beyond what is required.”
Stephen Grigg
Stephen GriggScunthorpe
“They provide excellent service, are friendly very professional and make me as a customer feel valued.”
Margaret Eadsforth
Margaret EadsforthPrivate Client
“SKS Bailey have a strong insight into property tax matters and capital allowances. They are very knowledgable.”
Paul Smith
Paul SmithBurnden Park Ltd/LLP
“My wife and I have been using the services of SKS Bailey Group and its previous company for 5 years. We have been delighted with their service and reliability, particularly their accountancy department and associated services.”
Richard Blass
Richard BlassBlass Family Partnership LLP
"All the staff i've dealt with have exceeded expectation. Always dealt with enquiries etc on the day and never had any problems contacting the person i've needed to speak to. Great service!"
Neil Mackechnie
Neil MackechnieWingate Farm Services Limited
"As a total novice to self employment Bailey Group provided the support and confidence essential to making the right decisions and financial judgements."
Brian Chape
Brian ChapeChape Support Services
Previous
Next

Latest News & Insights