Vanguard expands range on Hargreaves Lansdown

Glen_Clark

grey_gym_sock wrote: »

presumably you can sell part, perhaps subject to minimum value retained.

simple B&B doesn't work for CGT, though, as the "30 day rule" will match the sale with the slightly *later* purchase, not the original 1. though perhaps it works if you switch beteen INC and ACC units?

Thanks for the reply. Do you happen to know what happens if the 30 days is in 2 different tax years? It doesn't mention that on the IR website.
Incidentally, the Vanguard literature only specifies minimum £100K Opening balance. I don't see how they could enforce a minimum balance as the fluctuating market value could drop below it. So may be able to drop below £100k when selling shares to use up CGT allowance?

gadgetmind

Glen_Clark wrote: »

Do you happen to know what happens if the 30 days is in 2 different tax years?

It makes no difference as when you buy shares doesn't make any difference now other than for this matching of buying and selling. It's the tax year in which you sell that's important.