thanks mate. I thought wash trades were just aimed at pensioners...

thanks mate. I thought wash trades were just aimed at pensioners skimming dividends from blue chip stocks - I.e. buy in period leading up to dividend and sell when it trades ex-dividend hoping that the capital value of the shares doesn’t wipe out the gain.

that it applies to “tax-loss” selling is Interesting, coz I reckon selling/buying shares around the financial year end//start to balance out capital losses/gains should be a legitimate strategy. It’s just a timing difference- the tax man doesn’t lose out as the capital base of the shares re-bought gets reset… or am I missing something?