Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Wed, 12 Jul 2023 15:21:59 GMT by
Hi. Please let me know the CGT handling for the following situation. On April 5th, I sell units of an ETF within my general investment account in order to realise a CGT gain or loss (for example, to offset gains or use the annual tax-exempt allowance). On April 6th, I purchase units of a different ETF. While it is a different ETF, it has similar fund objectives (and serves the same investment goals). While these are different assets, are there any circumstances whereby the sale and purchase would be considered in scope of the bed and breakfasting rules?
Posted Mon, 17 Jul 2023 15:35:09 GMT by HMRC Admin 19 Response
Hi,

You can see guidance here:

HS284 Shares and Capital Gains Tax (2023)

Thank you.

You must be signed in to post in this forum.