UK shares without stamp duty

You pay stamp duty when you buy shares listed on FTSE market. The stamp duty is charged at 0.5% of the total value of the stock (excluding any broker fee etc) which means any profit you may make on the stock will already be reduced by the amount you paid as stamp duty. And if you make a loss, it will be greater. 

For example, buying 1000 shares of a particular company at a price of £2.50 each will actually cost more because you will be paying £2500 (£2.50 x 1000) for the stock + broker’s fee (say £10) and £12.50 in stamp duty (£2500 x 0.5%) pushing the overall cost to £2522.50. So not paying stamp duty can push up your overall profit and bring down your loss.

The good news is that there are some stocks listed on the UK market which do not incur any stamp duty. For example, from 28 April 2014 shares bought of an AIM listed company do not have stamp duty to pay. AIM market is made up of companies that are smaller in size and have been categorised as “growing companies”.

You also do not pay stamp duty if the company you are buying the shares of is not incorporated in the UK or the company does not maintains its shareholders register in the UK.

 

Name: Glencore

Ticker: Glen

Share price:316.25

Market capital:42,244.87M

Name: Shire PLC

Ticker: SHP

Share price:3,924.18

Market capital:21,875.46M

 

Name: Experian plc

Ticker: EXPN

Share price:930

Market capital:9,311.49M

Name: Wolseley

Ticker: WOS

Share price:3,088.00

Market capital:8,193.34M

 

Name: International Consolidated Airlines Grp

Ticker: IAG

Share price:328

Market capital: 6,713.93M

Name: Randgold Resources

Ticker: RRS

Share price: 4,322.00

Market capital: 4,050.18M

 

Name: Petrofac

Ticker: PFC

Share price: 965.5

Market capital: 3,367.30M

Name: Henderson Group

Ticker: HGG

Share price:197.55

Market capital:2,257.27M

 

Name: Asian Citrus Holdings

Ticker: ACHL

Share price:12.5

Market capital:2,180.74M

Name: Polymetal International

Ticker: POLY

Share price:478.40

Market capital: 2,036.00M

 

Name: Genel Energy

Ticker: GENL

Share price:690

Market capital: 1,950.47M

Name: Playtech PLC

Ticker: PTEC

Share price:660

Market capital:1,941.61M

 

Name: Catlin Group Limited

Ticker: CGL

Share price:501.5

Market capital:1,836.44M

 

Name: Phoenix Group Holdings

Ticker: PHNX

Share price:718.15

Market capital:1,617.61M

 

Name: Regus PLC

Ticker: RGU

Share price:165.5

Market capital:1,557.39M

Name: Beazley PLC

Ticker: BEZ

Share price:253.2

Market capital:1,335.23M

 

Name: 3i Infrastructure PLC

Ticker: 3IN

Share price:143.4

Market capital:1,263.86M

 

Name: Hiscox Ltd

Ticker: HSX

Share price:635

Market capital:2,022.49M

 

Name: UBM Plc

Ticker: UBM

Share price:507

Market capital:1,245.72M

 

Name: Lancashire Holdings

Ticker: LRE

Share price:627

Market capital: 1,200.70M

 

Name: BH Macro Ltd

Ticker: BHMG

Share price:2,017.00

Market capital:1,118.27M

 

Name: Colt Group SA

Ticker: COLT

Share price:118.2

Market capital:1,062.13M

 

Name: UK Commercial Property Trust Limited

Ticker: UKCM

Share price: 81.85

Market capital:1,038.78M

Name: F&C Commercial Property.

Ticker: FCPT

Share price: 125.6

Market capital:1,004.00M

 

Name: New Britain Palm Oil

Ticker: NBPO

Share price:. 665.5

Market capital:1,000.43M

(All data and price are as of 15 October 2014)

Stamp duty on UK shares

You pay stamp duty when you buy shares listed on FTSE market. The stamp duty is charged at 0.5% of the total value of the stock (excluding any broker fee etc) which means any profit you may make on the stock will already be reduced by the amount you paid as stamp duty. And if you make a loss, it will be greater. For example, buying 1000 shares of a particular company at a price of £2.50 each will actually cost more because you will be paying £2500 (£2.50 x 1000) for the stock + broker’s fee (say £10) and £12.50 in stamp duty (£2500 x 0.5%) pushing the overall cost to £2522.50. So not paying stamp duty can push up your overall profit and bring down your loss. The good news is that there are some stocks listed on the UK market which do not incur any stamp duty. For example, from 28 April 2014 shares bought of an AIM listed company do not have stamp duty to pay. AIM market is made up of companies that are smaller in size and have been categorised as “growing companies”. You also do not pay stamp duty if the company you are buying the shares of is not incorporated in the UK or the company does not maintains its shareholders register in the UK.