Hi!
209 UK shares bought at £47.4715
Consideration in total was £9,922.23
Dealing commission £3.00
Charge £1.00.
UK Stamp duty £49.61 (?)
How is this calculated? The first £1,000.00 are Stamp Duty exempt in the UK.
So if I calculate £9922.23 - £1000 exempt = 8922.23 *0.5% = £44.61.
But if I calculate £9922.23 *0.5% and do not apply the exemption then I get £49.61.
Does this mean that IG does not take into consideration the UK stamp duty consideration of £1,000?
Thanks for the advice!!