Tuesday 24 September 2024

Do you want to get free shares worth up to £100?

 Do you want to get free shares worth up to £100 (£8-£100 randomly allocated)?

Join Trading 212, invest with my link and we will both get free shares.

https://www.trading212.com/invite/17tLB1ol6b

Trading 212 will pay 5.1% (UK) interest on cash in your T212 accounts, no monthly charge and no share buy/sell transaction charge (apart from Stamp Duty on UK company shares and Foreign Exchange charge of typ. 0.15% on non-GBP conversions). You can also get a debit card with your account to give you a debit card account paying 5.1% on your T212 balance (check spending/ATM withdrawal limitations).

They have fractional shares and the ISAs are flexible, so you can use an ISA as a tax free savings account and withdraw/deposit as you wish, as long as you don't exceed a total amount of £20K per year (e.g. you can take out 20K in October and put back in 20K next January).

When I joined T212 using a similar link, I deposited £1000 and got £10 of BP shares for free. You could get a random amount from £8 to £100.

If you are just starting out in investments, I would suggest you investigate You Tube videos and the wonderful world of ETFs (no stamp duty) - e.g. SWDA or VUAG (don't buy individual company shares)! UK Capital Gains tax is payable only if you make gains of more than £3000 of gains in a tax year.

At the end of a financial year, T212 will also provide a summary tax report making it easy to calculate your Capital Gains and Dividends, as well as interest earned in the tax year.




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