So Rishi Sunak delivered a budget which probably wasnt as hard hitting as many expected and certainly the concerns about changes to the rate of CGT were unfounded - a relief I am sure to those who were trying to close transactions before the budget deadline. What is the outlook now for M&A if there has been a rush of activity up to that point does it mean that there willbe a dearth of deals - I think not as if anything the reasons why more transactions will come to the market have increased. These include - an Autumn budget that will possibly address the CGT issue, an increase in Corporation Tax is now a certainity (this will affect valuations) and Covid fatigue will mean that some business owners will want out - the demographics play to this as well. Confidence around M&A activity is high and 2021 could well be a record year - there is still plenty of cash around and the cost of raising finance is still historically cheap - that and concerns about supply chains will also drive acitivity. So if you want to exit now is a good a time as any - make sure you plan and prepare your business for sale - putting in the effort up front will make the process slicker and effcient as well as probably ensuring that your legal costs do not get inflated.