Aim Shares ISA Stamp Duty

fcmisc

If I purchase AIM shares within an ISA do I pay stamp duty?

If I purchase FTSE100 shares within an ISA do I pay stamp duty?

masonic

No for AIM shares, yes for FTSE100 shares.

bowlhead99

masonic wrote: »

No for AIM shares

Agreed, they have been exempt since earlier this year

, yes for FTSE100 shares.

For main market shares it is generally yes but with an exception - if the company is incorporated overseas and doesn't maintain its shareholder register in the UK there will be no UK stamp duty to pay. So for example Randgold Resources operates from Jersey, so you can buy without the half percent tax. Generally best to assume you'll be paying it though.

Masonic - nice edit