Why Britain’s Entrepreneurs Are Rushing To Sell Their Businesses

Britain’s corporate finance advisers are having an unusually frantic beginning to the new year. While you might not expect the Covid-19 crisis and the UK’s latest lockdown to be conducive to frenzied deal-making, many advisers say they have never been so busy. Entrepreneurs, they explain, are rushing to sell their businesses ahead of possible tax changes that could cost them hundreds of thousands of pounds.

Small business owners have already had one reprieve. Rishi Sunak, the Chancellor of the Exchequer, had been expected to announce reforms of the capital gains tax (CGT) system in the autumn, but decided to hold