Sell Accumulating ETF and buy back the Income version

Hello, If I sell the Accumulating version of an ETF and buy on the same day the Income version, is that considered Section 104 disposal or same day share matching? The different versions of the same ETF have a different ISIN, so not sure if it’s considered same asset or not. Thank you for your guidance.

Hi 2sb1y,
The legislation under S104 TCGA92 applies to securities of the same class acquired by the same person in the same capacity and be regarded as indistinguishable parts of a single asset.
You will need to determine if the investments are identical and if in doubt seek clarity from their provider.
I would refer to the following links for assistance:  Taxation of Chargeable Gains Act 1992
HS284 Shares and Capital Gains Tax (2024)
CG51560 - Share identification rules for capital gains tax from 6.4.2008: the “same day” and “bed and breakfast” identification rules - HMRC internal manual - GOV.UK and CG51555 - Share identification rules for capital gains tax from 6.4.2008: identifying disposals - HMRC internal manual - GOV.
Thank you.