As it has been suggested in the past, investing may seem tricky for those who have never been exposed to the stock market themselves and do not work in areas related to finance. Does it sound like you? Then you might finds this topic useful.
Quick answer can always be to read a book or browse things on Internet but there is no way everything you will find will be genuine or useful. And even if it was, quite often it would too technical to understand.
Whilst this is not an encyclopaedia yet, new ones will most certainly be added from time to time so you could always refer to this topic if need to. As soon as new relevant articles will be appearing in the blog, I will be updating the list to keep all of this information in one place for your convenience.
These are also in ālogicalā order rather than chronological - simply for the convenient flow when reading all of them together.
Speaking of EIS, I did my self assessment for 2017/2018 and need to pay a little tax money. Would my EIS (if high enough) wipe this out? or would I get the EIS in my paye and so still need to pay my tax myself?
Can you also explain UK stamp duty on stocks too? Just read this in another thread and itās new to me, so would appreciate if is this to be included. The taxman is everywhere
Hey everyone: so turns out simple is a relative term when youāre talking about tax. But hereās all the basics you need to know on capital gains, dividends and more. Go forth and be tax efficient awesome Freetraders!
Perhaps itās worth clarifying the difference between Stamp Duty, and SDRT, as this I found quite confusing at first till I realised what Free Trade refer to as Stamp Duty HMRC refer to as Stamp Duty Reserve Tax. The reason I mention this is I got really confused when reading on the HMRC website about stamp duty - if you search for stamp duty on shares you end up on this page (which is about paper certificates I think, I missed that line).
Excellent blog, when you think they canāt get any better and then they do.
