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Glossary > B > "Bed Breakfasting" Definition

Bed Breakfasting

The former practice of selling shares one day and buying them back the following day so as to establish a realised loss (or gain) for tax purposes. The tax advantages were removed by the Finance Act 1997.

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Bed Breakfasting - The former practice of selling shares one day and buying them back the following day so as to establish a realised loss (or gain) for tax purposes. The tax advantages were removed by the Finance Act 1997.

Bed Breakfasting : the former practice of selling shares one day and buying them back the following day so as to establish a realised loss (or gain) for tax purposes. the tax advantages were removed by the finance act 1997.