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How much does it cost to sell shares? Obviously, that depends on the investment platform you choose to trade on. For instance, if you choose a traditional brokerage firm like Hargreaves Landsdown, you’ll have to pay a fee of £1.50 per deal when you sell shares.
Commission. Whether you are buying or selling stock, your broker’s commission must always be factored into the overall value of the transaction. It is vital that you find out at the start what this will be. Commission can be charged at a flat rate or as a percentage.
You can deduct certain costs of buying or selling your shares from your gain. These include: fees, for example stockbrokers’ fees; Stamp Duty Reserve Tax (SDRT) when you bought the shares
3 days ago · Oct 30, 2024. Fact checked. How to sell shares Step-by-step-instructions. Share dealing platforms Compare now. Knowing how to sell shares is an important step in the investing process. There may be cases where you hold onto stocks until you retire, or generously pass them down for someone to inherit.
View Hargreaves Lansdown’s share dealing charges: per deal; annual management charges; limit orders (by telephone) and other charges.
How much does it cost to sell my shares (choice two)? Why would I only want to sell some of the shares? What tax will I pay? How will I receive my sale proceeds? What if I choose to exercise my option to buy shares and the Share Price falls below the discounted Option Price before my instruction is carried out?
3 days ago · Gains made on the sale of shares and unit trusts have special CGT rules. Find how to calculate and pay your capital gains tax bill correctly in this free guide. Capital gains tax on shares is charged at 18% or 24%, depending on your income tax band.
