Looks like the battle is won
Seeing reports this might be close to/already resolved?
Beat me to it by 2m
This is amazing news! I wonder how long before we can start buying fractionals again.
The article of the post is quite interesting, full of details on how you own the shares you buy.
https://taxpolicy.org.uk/2023/10/12/fraction/
https://www.ft.com/content/0edd4337-b1e7-48df-8276-bb25d4d7cfa5
HMRC to allow fractional shares in Isas ahead of rule change
“UK tax authority reverses position as new Labour government prepares to update the law.”
Good work team, nice bit of exposure too…
The FT reported it could be as early as September 30. I hope this is true so I can get a small holding on Nvidia, Eli Lilly and Samsung. I already feel like I’m missing out on the dip or market correction going on at the moment.
I was about to ask when can we do it as I like to buy berk B but i Usally only buy full shares of stocks but would like to fract some of these others.
Its also good if you have change left over.
Fractionals are great for big price shares. I would like to get Hermès fractionals since it cost €1,943.50 a share. But european stocks don’t have that enabled.
Still increasing my full share of Lockheed Martin to a second share will be possible with fractionals being enabled again. I don’t always have the money to share to buy it in full.
The phrase ‘some’ shares makes this not as clear cut as it seems.