Company owners who are contemplating selling their business in the not too distant future need to get on with it quickly, or risk facing a potentially substantially higher tax burden when they do, experts at Swindon-based corporate finance specialists Watersheds have warned.

Sue Green, who is a partner at Watersheds, says the Chancellor’s recent announcement that he has commissioned a review of Capital Gains Tax in relation to individuals and small businesses cannot conceivably bring good news for business owners.