Can someone remind me of the regulations (or point me to an Inland Revenue website?) regarding the requirements for an ordinary old-fashioned B&B. IIRC, you can sell, crystallise the gain/loss, buy back after 30 days, and not have it seen as a related transaction.
TIA
Allan
Yes, the new CGT Identification rules from March 1998 stopped B&Bs from being effective. You need to wait 30 days, as you thought.
However, Bed & ISA and Bed & Spouse may be other possible options.
OK, I'm now seriously bewildered. Wossitabout?
Jon
Thanks v. much: very helpful
Allan
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