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View Full Version : Advice Needed


onenomad
04-16-2006, 09:06 AM
Hello I have been watching these pages for awhile and think the info is great. I am now ready to get in on some of these plays, can anyone please advise on a good broker for UK Clients that will deal in these smaller stocks. Many Thanks for the help

Ribozyme
04-16-2006, 02:33 PM
I am also in the UK and was wondering, i think i need a US broker as the most of the UK ones will allow investments into the bigger markets. So, would i have to pay tax in the us, then again in the uk??? Hmmm hope not, the joy of tax!!

Cheers all!

onenomad
04-16-2006, 04:26 PM
I am also in the UK and was wondering, i think i need a US broker as the most of the UK ones will allow investments into the bigger markets. So, would i have to pay tax in the us, then again in the uk??? Hmmm hope not, the joy of tax!!

Cheers all!

I am no expert but I believe you dont have to pay tax in the US I dont believe they have a stamp duty like the UK on shares Though I would think any profits would be taxed by the UK anyone know??

Weston
04-16-2006, 10:29 PM
yeah you pay taxes, my broker (TD Bank) taxes me and takes the money out so i dont have to. I think all brokers do it automatically. Its just like the Swiss banks keeps 33% of your interest and pays it for you to the swiss government. its auto