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Is it still possible to "bed and breakfast" regular investments to use up your capital gains tax allow-ance and so make the final tax calculations easier when you come to sell? I find the rules confusing.

BS, via email

The Fool responds: the rules for "bed and breakfast", where you simply sold your shares one day and bought them back immediately, have indeed changed. Any matching sale and repurchase that happen inside a 30-day period are now treated as the same investment, and not a disposal for CGT purposes, so there is now the extra risk associated with waiting 30 days. Also, be careful of ISA rules as any money that needs to be taken out of an ISA to do this counts against your annual allowance if it goes back in again.

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