Business owners urged to act now as tax break on business sales set to shrink - London Business News | Londonlovesbusiness.com
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Business owners urged to act now as tax break on business sales set to shrink - London Business News | Londonlovesbusiness.com
"We're seeing a growing number of business owners who are unaware of how quickly these changes will bite. Selling a business is not an overnight process and those who don't start preparing now could easily miss the April 2026 deadline and lose a significant portion of their hard-earned value to tax."
"Our CFOs know exactly what buyers look for and how to eliminate the friction points that slow deals down," added Sara Daw."
"The CFO Centre helps business owners get 'exit ready', deploying experienced CFOs who have managed transactions from both sides of the table."
Capital Gains Tax relief for business disposals is set to become less generous, with Business Asset Disposal Relief moving from 14% on the first £1 million of lifetime gains in April 2025 to 18% in April 2026, while the standard CGT rate on remaining gains is 24%. Previously qualifying entrepreneurs paid 10%, meaning delays could cost sellers substantial sums. Preparing a business for sale requires robust financial data, accurate forecasting, clear documentation and organised due diligence. Fractional CFOs can provide experienced, flexible support to get companies exit ready and speed transactions to meet the April 2026 deadline.
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