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.