If one is realising just the annual CGT allowance, is there any point in doing the B&B (which I know has to be more than a 30-day gap nowadays) over the 5th April date?
I can't see there is any advantage; both the sell and buy transactions can be done within the same tax year.
Am I missing something?
I think that you are better doing it before the end of the tax year, because the taper relief will then count from the beginning of the new tax year. There is debate about whether it involves periods of 365 days or a financial year.
I suspect that it is best done at the end so that you know you aren't going to be forced to take some other gain instead (or as well)
There most certainly is not.
tim
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