Business Asset Disposal Relief (BADR) increased recently, meaning vendors whose sale completed after 5th April had to pay more Capital Gains Tax when they sold. Many dental practices only just got everything in order by the deadline to benefit from the better BAD relief – the relief is reduced again in the 2026/27 tax year so if you’re looking to sell by the end of the financial year, start planning now!
The challenge this year was with so many looking to sell, those ill-prepared simply run out of time as professional advisors were log-jammed. But there are plenty of advantages to be had with the right preparation. Strategies such as sharing assets with a spouse or civil partner could save you tens of thousands of pounds when you come to sell, but it’s important that you understand the rules and limitations.[i]
Dental Elite, the specialist dental brokerage agency, has 15 years’ experience and over 1,000 successful transactions under its belt, and is ready and able to help with every detail of your sale. To be sure you can fully utilise our expertise and maximise on the BADR rates available to you when you sell next year, contact us today for advice and support! Preparation is always key.
For more information on Dental Elite visit www.dentalelite.co.uk, email info@dentalelite.co.uk or call 01788 545 900
[i] https://www.gov.uk/business-asset-disposal-relief
