Closed deed02392 closed 1 year ago
Thanks for writing this @deed02392! This is helpful context for everyone to read.
Yes, this is not something the calculator needs to deal with specifically. You can account for any of these options (IIUC) in the calculator. e.g. for option a it's just not caring at all about the 47 shares that were sold to cover. And option b would be putting in a buy of 100 shares and sell of 47 shares at the market price the broker gives.
I would note that same day or B&B rules work here to make it so that, IIUC, options A, B and C all effectively net out to the same thing. I can't see how you'd say the acquisition price or disposal price would be different because of changing the day (except for I guess currency exchange rates if you wanted to account for the difference on the different dates). Option D would be different though.
I think this is not exactly an issue for this tool, because we can obviously work around it by simply not including the sell-to-cover shares, but it seems to be an interesting case where even HMRC are inconsistent in their messaging.
From https://web.archive.org/web/20220112102645/https://community.hmrc.gov.uk/customerforums/cgt/82d00dea-f06b-eb11-8fed-00155d975291 excerpted here for posterity:
HMRC specifies both options a) or b) may apply, although one HMRC representative concedes option a) is the correct way.