Hi!
Can anyone please help me understand how the share matching rules work if one particular purchase could potentially be matched with two different disposals according to the 30 day rule? Please consider this example:
1 Jan buy 200 shares of X for 500p (Section 104 holding)
1 Apr sell 50 shares of X for 1000p
15 Apr sell 50 shares of X for 1100p
20 Apr buy 50 shares of X for 1200p
The purchase on 20 Apr occurs within 30 days of both the disposal on 15 Apr and the disposal on 1 Apr. It cannot possibly be matched with both as there isn't a sufficient number of shares, so which one does it get matched with?
In other words, if a purchase occurs within 30 days of multiple disposals, is it matched with the earliest one or with the latest one assuming each of them would consume all shares?
Would the answer be different if the purchase on 20 Apr happened on 15 Apr instead, hence invoking the same day rule?
Cheers
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