The byzantine rules surrounding S104 rules are so complex I do not understand how to deal with the following.
Husband has S104 holdings in companies A,B,C. All created 01/01/2014
Husband and wife have joint S104 holdings in companies A,B,Z all created 01/04/2014
Husband liquidates S104 holdings in B and C and transfers all S104 holdings in company A into the joint S104 pool on 4/04/2014.
How is the joint S104 holding value for company A calculated and how would the 30 day rule operate thereafter?
Why does HMRC make things so ****** complicated!