How do i buy?

leolion855 · Post by **leolion855** » 22 Feb 2020, 16:49

Im sure there will be a thread on this so link me up if there is, but how do i buy shares, how many do i have to buy, does it affect my weekly take home pay and do i have to fill in any tax forms?

k979aaa · Post by **k979aaa** » 23 Feb 2020, 02:00

leolion855 wrote:Im sure there will be a thread on this so link me up if there is, but how do i buy shares, how many do i have to buy, does it affect my weekly take home pay and do i have to fill in any tax forms?

ASK RICO BACK

leolion855 · Post by **leolion855** » 23 Feb 2020, 06:55

k979aaa wrote:
leolion855 wrote:Im sure there will be a thread on this so link me up if there is, but how do i buy shares, how many do i have to buy, does it affect my weekly take home pay and do i have to fill in any tax forms?
ASK RICO BACK

no im asking on here, but you and him have one thing in common..

Post by **RobertT** » 23 Feb 2020, 09:08

leolion855 wrote:Im sure there will be a thread on this so link me up if there is, but how do i buy shares, how many do i have to buy, does it affect my weekly take home pay and do i have to fill in any tax forms?

There are basically 2 ways:

1. Via the Partnership & Matching scheme. It's a tax efficient way to buy them, plus you can get some extra shares free too. But you have to own each batch for 5 years to get the full tax free benefit, unless you leave RM as a good leaver(IHR, VR or age 60+). More info: https://www.myroyalmail.com/partnershipandmatching" onclick="window.open(this.href);return false;

2. Via a stockbroker. There's no tax breaks or free shares, but you have complete control when you buy & sell. There are plenty of stockbrokers to choose from, search online for more info. Can be held within a share account or an equity ISA.

leolion855 · Post by **leolion855** » 23 Feb 2020, 11:24

RobertT wrote:
leolion855 wrote:Im sure there will be a thread on this so link me up if there is, but how do i buy shares, how many do i have to buy, does it affect my weekly take home pay and do i have to fill in any tax forms?
There are basically 2 ways:

1. Via the Partnership & Matching scheme. It's a tax efficient way to buy them, plus you can get some extra shares free too. But you have to own each batch for 5 years to get the full tax free benefit, unless you leave RM as a good leaver(IHR, VR or age 60+). More info: https://www.myroyalmail.com/partnershipandmatching" onclick="window.open(this.href);return false;

2. Via a stockbroker. There's no tax breaks or free shares, but you have complete control when you buy & sell. There are plenty of stockbrokers to choose from, search online for more info. Can be held within a share account or an equity ISA.

EXACTLY what i was after ta!