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Yes.

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They’re definitely not showing on my GIA portfolio like referral shares would be so that’s why I’m slightly confused. I’ll give it a few more days then I’ll contact them again.

If you have GIA accounts in several providers the allowance is divided by the sum of the gains obtained in the different accounts. It also includes realised gains in other assets and not only stocks.

Capital gains realised within the ISA are exempt from tax, ie there’s no allowance, we can make as much as we can, either by luck or skill, though I believe we should not rely much on luck nor convince ourselves our results come from our own skill alone

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Only have a GIA account with FT that is active…

At what point is it beneficial to pay the £3 a month for the ISA? if you only have a few hundred pounds in the account it seem a bit expensive.

I have an ISA & a GIA… I believe that Capital Gains Tax is only applicable when you ā€˜Sell’ (Close deal(s)) making a gain of over 12.3k …The allowance. Any losses you have made from closing other deals can be offset against it.

If your lucky enough to be up more than the allowance then you could always sell part of the shares…totalling 12.3k and hold & sell the remainder in the next tax year. Or you could use Bed & ISA … where you sell the shares in your GIA & immediately buy in your ISA - Again in the new tax year as you already have an ISA.

I believe FreeTrade also have an ISA transfer option.

Also any dividends received in you GIA over 2k per year would be liable for tax.

With my portfolio I’m not too worried about Capital Gains Tax… :grinning: I’d happily pay it if I get them gains :slight_smile:

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Hi everyone, I was wondering if I could get some help please? I appreciate these questions are very beginner but I’m brand new to stocks and want to be clear about everything first!
So, when I looked at a UK stock it said there was a stamp duty fee of 0.5%. My question is, if I bought a stock with that fee applied, will that be deducted from the stock buy/sell price or is it charged seperately? Is it a one time thing or is it for as long as you hold the stock? Same question but with a FX fee of 0.45% please. The last thing I want to do is have loads of money come out of my bank account seperately every so often but is that how it works? Please can someone break it down into its my basic form? For example, ā€œthe price of a share is Ā£10 but when bought it is Ā£9.55. This is a one time fee as part of the stock price.ā€ Thank you so much in advance!

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Somewhat confused about index funds on FT. Most seem to be only available if I upgrade to Plus and the remainder don’t seem very compelling. Would it be better to use something like Vanguard for index fund investments if I’m looking to set aside a small amount each month for that, please?

All Vanguard funds on freetrade are free (as are Ishares and Invesco) and NOT in Plus so… same, just cheaper on Freetrade.

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I’m sure someone will correct me if I’m wrong, but I think the stamp duty and fix fees are added to the price. So a Ā£1 share with stamp duty would be Ā£1.05?

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They are added and included in the total price, yes. Slight correction to your example though is that the cost for 1 share would be £1.01 (£1 plus stamp duty of 0.5% is £1.005, rounded up to £1.01).

In the Ā£10 per share example given further above by @Akakindz, the total cost would be Ā£10.05 (Ā£10 + 0.5% stamp duty), so a single Ā£10 would fail as there isn’t enough to buy the share plus stamp duty.

Mental maths, late at night, after a long day… Apologies.

I thought @Akakindz was using it as an easy to see example. So if, theoretically, a share costs £10 would the stamp duty be part of that cost and the share in effect be actually worth less than £10, or is it added to the cost so making the share a bit more.
So, if I wanted to buy a share priced at £10, and stamp duty was applicable, it would cost me ££10.05.

Absolutely :ok_hand:t2: it’s a tax applied on the transaction and could very well change in the future.

OK so as explained, I got no answer on the Robin Hood page so I deleted it.

Can I ask why people are talking about AMC on the yahoo finance Robin Hood page :thinking:

Why don’t you ask the people on yahoo?

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Do you not think I have?
Don’t worry your self’s lads :thinking::ok_hand: guessing it’s pointless posting on here

So what do they say?
How would people on a different forum know why people on yet another forum talk about one thing in a thread of another thing? :smiley:

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Obviously you and the pineapple bear are the thread police.
I’m paying for this app and needed some advice,
I’ll ask a gang at my kids school for some advice they might be a little more grown up.

Whether you like it or not, the answer is that we have no idea. We know as much as you do, and it’s unclear why you believe people here should know.

I had a look through various ā€œconversationsā€ for various different stocks (including AMC) and there seems to be a lot of what falls under the below categories:

  • hyping up random different stocks
  • posting of advertising or possible scam/phishing links
  • Mud-slinging
  • what seems to be a lot of ā€œbotā€ accounts

All in all there seems to be very little due diligence being undertaken, and any that is done seems to be buried. As a whole, there seems to be little to no moderation whatsoever.

Why they are posting there? Could just general trolling? Perhaps attempting to bury any actual conversation about the Robin Hood stock? Perhaps they are using/confusing it as an actual Robin Hood forum? Perhaps none of those.

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Thanks Jimmy,
That’s the response I was looking for, I’m useless in this share game and keep getting stuck in short squeezes,
Fed up with little know it alls.
Warm regards Wayne

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