The B&B rules are usually illustrated using a S104 holding from which a sale is made followed by a single purchase within 30 days. This is straightforward but how does one calculate the situation where more than one purchase is made within the 30 day period and embedded within this period is another sale? Here is a scenario.
On 1st January 2014 Mr Jones has a S104 holding of 1000 shares in company X valued at £1000
On 1st March he sells 500 shares for £600
On 3rd March he buys 200 shares for £150
On 4th March he buys 100 shares for £90
On 5th March he sells 400 shares for £450
On 20th March he buys 500 shares for £350
On 30th March he sells 900 shares for £1300
On 1st April April he buys 500 shares for £600
On 1st June he buys 350 shares for £500
Any advice much appreciated.