Over the last few months the Chancellor’s difficulties regarding Northern Rock, missing Child Benefit disks and how to tax non-domiciled UK residents, have been the subject of a lot of press comment. These issues have been interesting enough, but they have deflected a lot of worthwhile attention away from the radical changes that are going to be made to Capital Gains Tax (“CGT”) on 6th April 2008. Whilst the CGT changes will undoubtedly benefit some people, they will also adversely affect a significant number of others, particularly married couples and civil partners, unless pre-emptive action is taken before 6th April. Time is, therefore, very much of the essence.