bg
Member of DD Central
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Post by bg on Apr 2, 2017 9:36:12 GMT
The forthcoming IFISA should make the SM on FS much more interesting.
For people who set up an IFISA the disincentive to buy on the SM (due to tax reasons) will suddenly flip and it will become advantageous to do so, even at a tiny discount. In fact they could even buy their own parts on the SM, thus saving tax on each leg. I would expect it will soon become much easier to sell at a small discount on the SM which will have a knock on effect of increasing demand on the PM.
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Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
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Post by Liz on Apr 2, 2017 11:00:21 GMT
The forthcoming IFISA should make the SM on FS much more interesting. For people who set up an IFISA the disincentive to buy on the SM (due to tax reasons) will suddenly flip and it will become advantageous to do so, even at a tiny discount. In fact they could even buy their own parts on the SM, thus saving tax on each leg. I would expect it will soon become much easier to sell at a small discount on the SM which will have a knock on effect of increasing demand on the PM. I have even thought about selling to my ISA's @ a 3% discount(buying simulataneously on another PC), do that 3-4 times every year and you can really boost your ISA holdings.
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dzo
Member of DD Central
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Post by dzo on Apr 3, 2017 18:54:21 GMT
The forthcoming IFISA should make the SM on FS much more interesting. For people who set up an IFISA the disincentive to buy on the SM (due to tax reasons) will suddenly flip and it will become advantageous to do so, even at a tiny discount. In fact they could even buy their own parts on the SM, thus saving tax on each leg. I would expect it will soon become much easier to sell at a small discount on the SM which will have a knock on effect of increasing demand on the PM. I have even thought about selling to my ISA's @ a 3% discount(buying simulataneously on another PC), do that 3-4 times every year and you can really boost your ISA holdings. I think there's a rule about ISA investments having to be the market rate.
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Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
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Post by Liz on Apr 3, 2017 19:46:51 GMT
I have even thought about selling to my ISA's @ a 3% discount(buying simulataneously on another PC), do that 3-4 times every year and you can really boost your ISA holdings. I think there's a rule about ISA investments having to be the market rate. It will be, for about 1 second. 
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