Share transfers that cut out the middleman
Article Abstract:
Stock transfers are a way for investors to deal in stocks with no fees payable to a broker. They can be used for gifts to spouses, and no capital gains tax is payable. Gifts of stocks do not attract stamp duty, and can also be made to children. Stocks can also be transferred between investors who agree to a price. The forms for effecting stock transfers tend to be difficult to understand, but little information is needed. Details of the stock numbers, the company involved, the names and addresses of those giving and receiving the stocks, and tax details are all that is needed.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Here's to you, Mr Robinson
Article Abstract:
British personal equity plans (Peps) will be replaced by individual savings accounts (Isas) as financial offering tax advantages. Savers can invest in more products, including some insurance and National Savings products. There are three Isa elements, cash, insurance and stocks and shares, and three sets of standards, one for each element. The CAT standards relate to charges, access and terms.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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