Retirement relief tax breaks for brokers disposing of business assets cease on 6 April.
Historically, a capital gains tax break has applied to sole traders or members of a partnership aged 50 or over, or in ill health, and selling either a whole business or a distinct part of a business.
The level of retirement relief has gradually reduced since the taper relief scheme was introduced in 1999.
Brokers who finalise deals to sell before the 6 April deadline will receive 100% relief on gains up to £50,000 and 50% tax relief on gains from £50,000 - £200,000.
For brokers selling up after 6 April, taper tax relief of up to 75% on business assets still applies, depending on how long the asset was owned.