Do i have to pay stamp duty when selling shares?

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Do i have to pay stamp duty when selling shares?

2007-03-19 06:48:47 · 3 answers · asked by vicky786 1 in Business & Finance ➔ Taxes ➔ United Kingdom

3 answers

No, you may be liable to capital gains tax depending on the amount of shares that you dispose of.

Download this helpsheet - it will explain everything to you clearly.
http://www.hmrc.gov.uk/leaflets/cgt1.pdf

2007-03-20 00:15:31 · answer #1 · answered by notmarriednochildren 4 · 0⤊ 0⤋

No, you pay stamp duty when buying UK listed shares, not selling them.

2007-03-19 11:04:30 · answer #2 · answered by mikeb 2 · 0⤊ 0⤋

You have to pay tax if they amount to more than £7,000

2007-03-19 06:54:45 · answer #3 · answered by ♥shushin♥ 6 · 0⤊ 0⤋