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30 days rule
Joey2013
Posts: 35 Forumite
Hi forum,
I just need some clarification on the 30 days rule in a trading account. Is it any 30 days or is it 30 working days? I sold an investment who's dealing date was 01/10/25 for capital gains tax purposes, and now I wish to purchase the same investment on the 05/11/25. Would this be okay or fall foul of the 30 days rule?
T.I.A. for all help.
I just need some clarification on the 30 days rule in a trading account. Is it any 30 days or is it 30 working days? I sold an investment who's dealing date was 01/10/25 for capital gains tax purposes, and now I wish to purchase the same investment on the 05/11/25. Would this be okay or fall foul of the 30 days rule?
T.I.A. for all help.
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Comments
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It relates to the following 30 calendar days, not "working days".Joey2013 said:Hi forum,
I just need some clarification on the 30 days rule in a trading account. Is it any 30 days or is it 30 working days? I sold an investment who's dealing date was 01/10/25 for capital gains tax purposes, and now I wish to purchase the same investment on the 05/11/25. Would this be okay or fall foul of the 30 days rule?
T.I.A. for all help.
Your example would be outside the 30 calendar days following 1st October.0 -
It's 30 calendar days. 05/10 05/11 will be fine with a little margin0
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are you able to purchase it in an ISA or pension or other tax wrapper?
If you can then the 30 day rule does not apply.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.2 -
5/11 will fall outside the thirty days. I believe you have until 31st OctoberColdIron said:It's 30 calendar days. 05/10 will be fine with a little margin2 -
Thanks to everyone who has commented, looks like I should be okay for 5/11/25.
Unfortunately I cannot use the ISA of SIPP route as used up allowances for this tax year.
Thanks again to everyone for their replies.
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