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I think it is common knowledge amongst those people who do tax planning.
I recall it used to be a bigger thing. They brought in the 30 day rule during Thatcher's time, 40-odd years ago. Before then you could sell an asset on one day and buy it back the next morning to reset your capital gains - hence the name.
frank9755
@bobble
I keep thinking about the bed & breakfasting. Is that common knowledge? There must be so many people doing it this year, not knowing it's a thing and when they do a tax return it doesn't ask for what they did with the proceeds