This Content Was Last Updated on November 5, 2015 by Jessica Garbett

 

Following the unexpected, and mostly, adverse changes to the CGT regime for business assets announced in this years pre budget to apply from 5/4/2008, the Chancellor had agreed to listen to representations and introduce some possible concessions. A decision had been promised by Christmas.

Its now been announced that there will be no decisions till early 2008.

This means that we are still operating in a regime of uncertainty between now and then, and the window to take action to harvest taper relief or indexation grows ever shorter.