Business owners speed up plans to sell amid fears of tax rises in upcoming budget

Laura Hayward stated that business owners are increasingly "on edge" due to concerns over potential changes to capital gains tax and inheritance tax, emphasizing that entrepreneurs are eager to secure their businesses' value before unfavorable tax changes take effect.

The business environment has remained challenging for owners as they sought to recover from the pandemic, with Hayward noting, "the potential for unfavourable tax changes in the upcoming budget makes it understandable that some are looking to realise their gains sooner rather than later."

Read at Business Matters