stamp duty

This is a discussion on stamp duty within the First Steps forums, part of the Reception category; How do i get my hands on a list of all ftse shares which are stamp duty exempt. Its hard ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Apr 27, 2018, 2:46pm   #1
 
8 Posts
Joined Apr 2018
stamp duty

How do i get my hands on a list of all ftse shares which are stamp duty exempt.

Its hard to day trade when your already 0.5% down so short term buy sells i think need to to be with tax duty exempt companies.

For example randgold which indecently just paid for my new office today !!
tigerroll is offline   Reply With Quote
Old Apr 27, 2018, 2:55pm   #2
 
cbrads's Avatar
Joined Mar 2014
Spreadbetting FTSE shares would avoid all taxes
cbrads is online now   Reply With Quote
Old Apr 27, 2018, 4:31pm   #3
Joined Feb 2002
cbrads is right, SB is good for trading. Its the only access to trading I have.

But I'm going to jump in and say there's a sweet spot, in which it works very well and the areas outside that you'll get killed. So, for day-trading, the spreads and variability of the spreads make this high risk. Its widely held that it can't be done. For holding beyond 2 months, costs will make it still more economical to hold the shares. Between intra-day and >2mths, its absolutely fine.
tomorton is online now   Reply With Quote
Old May 8, 2018, 6:43pm   #4
 
8 Posts
Joined Apr 2018
tigerroll started this thread Spread betting sounds very risky from what I've researched. I kind of know where i am with these execution only sites. XO, HL etc...
tigerroll is offline   Reply With Quote
Old May 8, 2018, 7:01pm   #5
 
cbrads's Avatar
Joined Mar 2014
Quote:
Originally Posted by tigerroll View Post
Spread betting sounds very risky from what I've researched. I kind of know where i am with these execution only sites. XO, HL etc...
What aspect of Spread Betting worries you?

Spread betting firms are well regulated in the UK by the FCA, as long as you understand and respect leverage and are aware of the costs I can't foresee any issues.

Most folks here trade the markets with spread betting...
__________________
"Well, what d'ya know? Here I am talking with some of the smartest people in the world and I didn't even notice..." Lt. Columbo
cbrads is online now   Reply With Quote
Old May 8, 2018, 9:25pm   #6
Joined Oct 2015
You have to pay stamp duty even if its a day trade? what a joke!

i googled a list for you:

As well as the companies listed under AIM market, the following companiesí shares can be bought without paying stamp duty.

Glencore Ticker: Glen
Shire PLC Ticker: SHP
Experian plc Ticker: EXPN
Wolseley Ticker: WOS
International Consolidated Airlines Grp Ticker: IAG
Randgold Resources Ticker: RRS
Petrofac Ticker: PFC
Janus Henderson Group Ticker: HGG
Polymetal International Ticker: POLY
Genel Energy Ticker: GENL
Playtech PLC Ticker: PTEC
Phoenix Group Holdings Ticker: PHNX
Beazley PLC Ticker: BEZ
3i Infrastructure PLC Ticker: 3IN
Hiscox Ltd Ticker: HSX
UBM Plc Ticker: UBM
Lancashire Holdings Ticker: LRE
BH Macro Ltd Ticker: BHMG
UK Commercial Property Trust Limited Ticker: UKCM
F&C Commercial Property Ticker: FCPT
Ferguson Plc Ticker: FERG
Phoenix Group Holdings Ticker:PHNX
IWG PLC Ticker: IWG
Centamin PLC Ticker: CEY
John Laing Infrastructure Ticker: JLIF
Newriver Reit PLC Ticker: NRR
Kaeso is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Stamp Duty help please... Getafix First Steps 17 Apr 6, 2011 6:46pm
Stamp duty jonsjon Stocks 2 May 10, 2010 10:39pm
Stamp duty bodemloze_put Stocks 0 Jan 14, 2007 9:52pm
stamp duty mystical_ag Stocks 5 Jun 25, 2006 10:32pm
stamp duty binsley First Steps 5 Mar 11, 2004 4:43pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)