Wed, 31 Mar 2010 | BUSINESS SALE
This year’s budget contained some good news for owners of businesses looking to sell, they will benefit from the upper limit, at which capital gains tax is paid at only 10%, being increased from £1m to £2m. Any gains over £2m are taxed at the normal rate of 18%.
However, observers are expecting that the Capital Gains Tax rate might be raised higher than 18%, after the election, in order to tackle the deficit. This has resulted in increased interest from business owners wishing to sell up in order to fund their retirement.
This is a unique opportunity to acquire a well-established wholesale fabric distributor with over 40 years of experience in the industry, located in Yorkshire.
This long-established, family-run butchers and bakery, operating from the same location for 130 years, offers a blend of history, reliability, and modern appeal, serving both retail customers and sectors like hospitality and education.
FREEHOLD
This is an exciting opportunity to acquire a highly-regarded independent financial advisory business in Hertfordshire, managing a substantial £115 million in funds under management.
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