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Stamp Duty to be abolished by Conservative government (STAM)     

e t - 28 Sep 2007 10:10

The first tax cut by an incoming Conservative government will be the abolition of stamp duty on shares.

Read article here

Stan - 28 Sep 2007 17:37 - 9 of 15

Harry,

It's impossible to say that every attempt to submit orders of the amounts that you state will be filled with Barclay's but In my experience you won't get more with the like's of idealing , Selftrade, Etrade and Hoodless Brennan.

As I say I like to deal in similar amounts to you and Barclay's have proved to be the best of the bunch. There are other advantages which I like as well such as:

1. 12 dealing charges are reduced when you do more then certain amounts of trades over the quarter.

2. You can also elect to deal on behalf of other people and the total deals over all of those accounts will count towards the 10 deals a quarter you need to get that dealing charge down to 6.95.

Recommend that you have a look at their website and study their terms.

Harry Peterson - 28 Sep 2007 23:26 - 10 of 15

Will do Stan. I was doing over 20 deals a day at hb until they took expn offline. So getting down to 6.95 won't be a problem. I'm only happy whilst able to scalp and that means constant dealing. Tiring but fruitful - but you need to be dealing ST exempt. HP.

Stan - 29 Sep 2007 07:59 - 11 of 15

No SD certainly does save an awful lot of money when frequent trading and of course the larger the amount placed means the bigger the saving. Good luck Harry.

e t - 30 Sep 2007 09:42 - 12 of 15

Can we get this post back on track chaps.


The first tax cut by an incoming Conservative government will be the abolition of stamp duty on shares.

Read article here



So if you want to save a whole load of 's whilst trading then the abolition of stamp duty must be a VERY good idea.

Stan - 30 Sep 2007 10:07 - 13 of 15

"Can we get this post back on track chaps."..Certainly.

The "idea" is not the same as "It's definetley going to happen" and I believe it's not going to happen because as has already stated:

Old news, headline grabbing and frankly unworkable because they have not said where they will make up the stated "4 Billion" loss incurred by the proposed SD cut.

The usual Torygragh propagander IMHO.

It's so easy for these frankly discredited Party Politicians to release these throw away lines to the media.

Harry Peterson - 03 Oct 2007 08:29 - 14 of 15

Stan, you got mail.

Stan - 03 Oct 2007 08:37 - 15 of 15

Yes Harry, sorry for delayed reply as busy yesterday.
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