Am I correct in assuming that the 30-day rule does not apply within an ISA so one can buy and sell the same share within a week without any breaking of the rules?
eskbanker could you please elaborate on your last paragraph perhaps by way of an example?
eskbanker said:Even outside an ISA, the 30-day 'rule' isn't really one to be 'broken' as such, it just signifies that affected repurchases are matched with sales to nullify disposals for CGT purposes....
Thank you very much but no doubt it would be much more complicated if multiple part sales took place and multiple repurchases of different numbers of shares both within and without the 30 day period.
Four million customers affected
Up to 1.7% fixed or 0.6% easy access
Flavourly newbies only (norm £70ish)