Succession Planning

Are you deciding on an exit strategy from your business? Can’t decide whether to leave it to the next generation or to maximise its value from a sale? Either way it is crucial to plan a smooth transition for your exit.

At Lancaster Haskins we can provide impartial, transparent advice to help you plan for the future of your business. We can help you step down by putting into place a succession plan that covers potential issues such as tax implications, valuing the business or finding a buyer.

However and whenever you decide to step aside, we'll help you prepare an exit strategy and succession plan that helps you maximise the value of your hard work and investment.

Budget March 2024

1 month ago

In past years, the annual Budget was shrouded in secrecy. No one was supposed to know what was in the Red Box that the Chancellor held up outside 11 Downing Street on his way to Parliament. There was an element of suspense. Now it seems that most of the proposals were predicted in the morning papers – the television pundits were reduced to speculating whether Jeremy Hunt would produce ‘a rabbit from his hat’, but it turned out that the hat only contained what was expected.

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Autumn Statement November 2023

5 months ago

In the weeks leading up to the Autumn Statement, the press was full of speculation about tax cuts. This was a surprise, just over a year after the tax cuts announced by Kwasi Kwarteng were judged imprudent by the international markets, contributing to a fall in the value of sterling and increases in interest rates. Nevertheless, it seemed that a side effect of inflation was that higher incomes and prices had fed through into higher tax receipts; the Chancellor had more in his coffers – more ‘fiscal headroom’ – than had been predicted in the Spring, and commentators were suggesting what he might do with it.

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Lancaster Haskins

Lancaster Haskins

Lancaster Haskins