Tax rates drive upward trend in corporate finance deals

THE number of business owners selling up to take advantage of low Capital Gains Tax (CGT) rates is on the increase, according to Target Corporate Finance. The Bath-based firm has already seen a flurry of deals and enquiries over the past few weeks and says that this trend is set to continue. They cite the doubling of Entrepreneur’s relief in last month’s Budget and growing speculation that CGT rates could increase after the election as key drivers. Mark Harman, Head of Target Corporate Finance, said: “With CGT rates likely to rise sometime this year, there is a window of opportunity for