Good morning
We've sold some units in the accum version of a unit trust, and bought back the income version of the same unit trust, in the same class, the same day.
We did this just because we needed the income. My understanding was that this wouldn't give rise to a capital gain because of the 30 day rule.
I've since seem some conflicting opinion on whether a gain might in fact have been crystallized.
I'd have thought that this would be a fairly common query, but can't find anything helpful in the HMRC manual, and the only mention I can find of the question on this website dates back to 2013.
Can anybody give me a definite answer?
Many thanks for any help.
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