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Posted Wed, 02 Oct 2024 12:38:35 GMT by cptax cptax
Im sat on a small profit with some shares and units in an Investment Fund that I own. The profit is in excess of this years allowance. Id like to transfer the shares and units into my ISA or Pension. Can I use the bed and breakfast rule to sell the shares and units and immediately buy them back in my pension, and not be subject to CGT?
Posted Thu, 10 Oct 2024 09:48:40 GMT by HMRC Admin 20 Response
Hi,
You can use this scheme but you still need to stick to ISA limits.
CGT will not be due if you are under the annual allowance.
Thank you.

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