# Anyway to avoid paying stamp duty on British stocks

**URL:** https://community.trading212.com/t/anyway-to-avoid-paying-stamp-duty-on-british-stocks/6365
**Category:** 📬 Stocks & ETFs requests
**Created:** [May 11, 2020, 2:30pm UTC](https://community.trading212.com/t/anyway-to-avoid-paying-stamp-duty-on-british-stocks/6365 "2020-05-11T14:30:01Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![fanta0575](https://avatars.discourse-cdn.com/v4/letter/f/50afbb/32.png) [@fanta0575](https://community.trading212.com/u/fanta0575)
#### Post date: [May 11, 2020, 2:30pm UTC](https://community.trading212.com/t/anyway-to-avoid-paying-stamp-duty-on-british-stocks/6365/1 "2020-05-11T14:30:01Z")

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New to investing but would like to know peoples thoughts on having to pay 0.5% stamp duty on British stocks, this 0.5% levy makes day trading and swing trading geared against an investor to get a return on their investment and ultimately has a detrimental effect for the potential of investors day trading and swing trading for regular intervals and volumes

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### Author: ![nickspacemonkey](https://avatars.discourse-cdn.com/v4/letter/n/eb8c5e/32.png) [@nickspacemonkey](https://community.trading212.com/u/nickspacemonkey)
#### Post date: [May 11, 2020, 2:34pm UTC](https://community.trading212.com/t/anyway-to-avoid-paying-stamp-duty-on-british-stocks/6365/2 "2020-05-11T14:34:03Z")

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That’s one of the purposes of derivatives like CFDs and spreadbetting. No stamp duty on those, but incur their own costs.

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### Author: ![fanta0575](https://avatars.discourse-cdn.com/v4/letter/f/50afbb/32.png) [@fanta0575](https://community.trading212.com/u/fanta0575)
#### Post date: [May 11, 2020, 2:43pm UTC](https://community.trading212.com/t/anyway-to-avoid-paying-stamp-duty-on-british-stocks/6365/3 "2020-05-11T14:43:17Z")

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Another alternative would be american stocks but your having to trade with a forex variable as well then

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### Author: ![jcksmith850](https://avatars.discourse-cdn.com/v4/letter/j/ee7513/32.png) [@jcksmith850](https://community.trading212.com/u/jcksmith850)
#### Post date: [May 11, 2020, 2:56pm UTC](https://community.trading212.com/t/anyway-to-avoid-paying-stamp-duty-on-british-stocks/6365/4 "2020-05-11T14:56:09Z")

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I believe you don’t pay stamp on AIM stocks, but they are higher risk as they have less reporting requirements.

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### Author: ![fanta0575](https://avatars.discourse-cdn.com/v4/letter/f/50afbb/32.png) [@fanta0575](https://community.trading212.com/u/fanta0575)
#### Post date: [May 11, 2020, 2:58pm UTC](https://community.trading212.com/t/anyway-to-avoid-paying-stamp-duty-on-british-stocks/6365/5 "2020-05-11T14:58:24Z")

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Thanks for the info i’ll bear this in mind for future reference