Shares / Stocks Trading 212 - Free stock worth up to £100 - Deposit minimum £1 (<24 hours cashout)

homie

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REALLY stupid question but is income from trading TAX FREE since it is effectively gambling?
Not a stupid question at all, considering how complicated UK tax can be.
Investing in shares is not Its not Tax free, but for most people it is free from tax...............

Everyone has an annual dividend allowance of £2000, so unless you have thousands invested dividends will be effectively tax free.

Profit from selling your shares would be treated as capital gains tax but again everyone has a capital gains tax allowance of £11,700.

This is in additional to your normal personal allowance.

There is however a half percent stamp duty charged when you buy any share. This is just paid automatically by the stock broker and most people dont even realise it is there

If you want to out and out gamble then you can trade CFDs on the trading212 platform too. These don't attract stamp duty as you don't actually own the underlying asset (like spread betting) However I DO NOT recommend anyone messes with CFDs unless they really know what they are doing as they are leveraged so you can lose large amounts.

Edit: Just noticed Trading212 have a practice mode in case anyone wants to do the sign up then practice before making any larger deposits

www.trading212.com/ref/w9LZD
 
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Andrew

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I've just signed up and handed over my pound! If anyone else wants to then my link is below:
Do you want to get a free stock share worth up to £100?

Create a Trading 212 Invest account using this link www.trading212.com/ref/3ii7ced and we both get a free share!
 

Jon

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Not a stupid question at all, considering how complicated UK tax can be.
Investing in shares is not Its not Tax free, but for most people it is free from tax...............

Everyone has an annual dividend allowance of £2000, so unless you have thousands invested dividends will be effectively tax free.

Profit from selling your shares would be treated as capital gains tax but again everyone has a capital gains tax allowance of £11,700.

This is in additional to your normal personal allowance.

There is however a half percent stamp duty charged when you buy any share. This is just paid automatically by the stock broker and most people dont even realise it is there

If you want to out and out gamble then you can trade CFDs on the trading212 platform too. These don't attract stamp duty as you don't actually own the underlying asset (like spread betting) However I DO NOT recommend anyone messes with CFDs unless they really know what they are doing as they are leveraged so you can lose large amounts.

Edit: Just noticed Trading212 have a practice mode in case anyone wants to do the sign up then practice before making any larger deposits

www.trading212.com/ref/w9LZD
right ok so I'm still confused

Trading is Gambling, It involves Risk

We don't pay tax on Gambling Winnings

Surely none of it should be getting taxed AT ALL as it all involved gambling or am I over simplifying things lol

 

Dee50

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You were right, I've just got a SAP at 92.42 - not entirely sure what I do with it now though?
I haven't received mine yet.
I'm pretty sure the guys on the first part of the thread will be able to help you .
 

InItForTheMoney

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I've not received mine from Trading212 yet either despite the Saturday sign up. *Fingers crossed*.

@Jon, I think it's not seen at gambling as:
1, On average Gambling has an expected negative return, whilst Investing is expected to have a positive return.
2, You are actually buying something, even if it's only a tiny, tiny piece of a company and not solely taking a punt.

The one thing @homie didn't mention is that if you're married/civil partnered (and you trust them ;) ) then you can gift your holding to your partner without incurring CGT. Effectively doubling your allowance.
 

jollyjelly

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I've still not received mine either. @InItForTheMoney I used your link so hopefully you should be seeing two shares when you get them. I'll let you know when I receive mine.
 

Dee50

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Finally got my share.
Here's my link if anyone else up for giving it a go.
Do you want to get a free stock share worth up to £100?

Create a Trading 212 Invest account using this link www.trading212.com/ref/3ibLAXc and we both get a free share!
 

jollyjelly

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Anyone else signed up at the weekend and still waiting for their free share? Still no sign of mine :(
 

Andrew

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Anyone else signed up at the weekend and still waiting for their free share? Still no sign of mine :(
I spoke to them on the live chat and they reckon at least 3 working days to get the share allocated
 

jollyjelly

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Thanks @Andrew @InItForTheMoney . I've got it and it was worth £12. @InItForTheMoney you should get the extra as I signed up using your link though not sure if it'll be the £12 or a different share. Can't figure out what share they gave me, or maybe it's just the credit that you get. Anyway, I'm happy and might have a wee look to see if I can do anything with it. Thanks everyone and @bobcat2010 for getting us on to it!
 

Puc84

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Thanks, this is definitely one of the best referral things I've tried. Can easily make quite a bit of money with it and I got my money in bank within 24 hours of withdrawing :). (Got £10 when used one of above codes and £42 when I referred my friend!)
My link if anyone wants to use it: www.trading212.com/ref/v08Ie
 
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Benneale1

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Make 20-100 pounds easy
Sign up for an INVEST account,
Deposit 1 pound
Usually within the hour but can take up to 24 hours you will receive your free share,
Wait 3 days then sell the share and withdraw the money,
Do not leave any money in your account or after 6 months they charge you inactivity fee of 9 pounds per month, if your balance is 0 this does not apply.
Good luck !

Do you want to get a free stock share worth up to ‎£⁠100?


Create a Trading 212 Invest account using this link www.trading212.com/ref/3ilZ0L7 and we both get a free share!
 

Puc84

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You were right, I've just got a SAP at 92.42 - not entirely sure what I do with it now though?
Not sure if you've already got it sorted or not. But I found the easiest way was to search the name of the share you got in the app, then click "sell" (set it to 1 share). You should then be able to go and withdraw it to your bank :)
 

Benneale1

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Not sure if you've already got it sorted or not. But I found the easiest way was to search the name of the share you got in the app, then click "sell" (set it to 1 share). You should then be able to go and withdraw it to your bank :)
Will be locked for 3 days they changed terms as it’s getting rinsed
 

Adam trades

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Trading 212 - Are they loosing money by doing this referal thing Lol?


P.s. i got a bonus share...not sure why
 

bobcat2010

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Trading 212 - Are they loosing money by doing this referal thing Lol?


P.s. i got a bonus share...not sure why
They must be hemorrhaging money a little... how well posted around this offer is with people cashing out their shares as soon as they get them and withdrawing the £££.

You get a bonus share for joining and a bonus share for referring?
 
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