If I have shares of company X and if I sell them without exceeding my CGT allowance, can I buy more of same share X without causing any tax implication? I don’t know if it’s what “bed and breakfast” is as I read there is 30 days rule for it. I won’t offset any loss or I won’t be incurring any loss of sale so it’s all gains.
Example: Sell 10 shares of X, have €1200 gains and immediately buy 15 shares of X. So I will be using my CGT allowance to buy more shares of X.
Would that be okay?
Example: Sell 10 shares of X, have €1200 gains and immediately buy 15 shares of X. So I will be using my CGT allowance to buy more shares of X.
Would that be okay?