If I invest in the Sotck market, do I have to pay taxes if I don't live in the UK?

Question

If I invest thru online brokers like Etrade, and I make a good profit, do I have to pay taxes even if I am not a UK resident?

Answer 1

1) You have to pay 'stamp duty' when you buy UK shares (like it or not) = this is included with the charges when you buy.

2) You would normally pay Taxes in the country where you are resident .. and in case of UK, you pay 'Capital Gains' Tax if you 'cash in' a profit of more that about £8000 in any one year, and you pay Income Tax on Dividends (the rules are complex - check IR)