Succession • Mid Sussex
Business Succession Planning in Haywards Heath
Whether you plan to pass your business to family, sell to your team or exit to a buyer, we help you plan the timing, structure and tax years in advance.
- Options: family, management buyout or sale
- Tax: Capital Gains and Inheritance Tax planned
- Timing: a plan you can work towards
- Joined up: with your solicitor and adviser
What we help with
Choosing the right exit
We compare passing the business to family, a management buyout and an outside sale, including the tax on each.
Capital Gains Tax
We check which reliefs may apply and how the timing of a sale or gift affects the tax.
Inheritance Tax
We look at how your business assets are treated for Inheritance Tax and how recent changes affect your plans.
Getting the business ready
Clean accounts, the right structure and reliable figures make any handover or sale smoother.
How it works
- A meeting about your goals, timescale and who you want to pass the business to
- A review of your structure, shareholdings and the tax position today
- A written plan with the steps and timing
- Help putting it in place, alongside your solicitor and financial adviser
See also our Inheritance Tax advice and corporate restructuring pages.
Local advice for Mid Sussex business owners
Succession planning works best started early. We are based at Delta House on Bridge Road in Haywards Heath and work with owner-managed businesses across Mid Sussex.
Key figures when selling or passing on a business (2026/27)
| 2026/27 | |
|---|---|
| Capital Gains Tax rates | 18% within the basic rate band, 24% above |
| Business Asset Disposal Relief | 18% on qualifying gains from 6 April 2026 (was 14% in 2025/26) |
| BADR lifetime limit | £1 million of gains |
| CGT annual exempt amount | £3,000 |
| Business Property Relief (IHT) | 100% on the first £2.5 million of qualifying business and agricultural assets, 50% above |
| Gifts of business assets | Gift holdover relief may defer CGT when passing a business to family |
Because the BADR rate now matches the basic rate of CGT, the timing of a sale, how the price is paid and who owns the shares all matter more than before.
Capital Gains Tax on a business sale
Estimate CGT on selling your business
Succession planning FAQs
- When should I start succession planning?
- Ideally several years before you want to step back. Some reliefs and structures need time to put in place, and an early plan gives you more options.
- Can I pass my business to my children tax-efficiently?
- Often yes, but the right approach depends on the type of business, how it is owned and the current reliefs. We model the options for you.
- Do you help with selling a business?
- Yes. We help prepare the business for sale, review the tax on the sale and work with your solicitor and any corporate finance adviser.
Start planning your exit
Book a free consultation with our Haywards Heath team.
This page is general information, not personal tax advice.