Summary of taxes and fees on Stock transfer of Securities firms
In stock trading, investors often pay attention to the rise and fall of stocks and investment income, and it is easy to ignore the various taxes and fees that may be generated in the process of trading. The purpose of this paper is to help investors understand whether the stock transfer of securities firms need to pay taxes and fees, as well as the relevant tax policies.
Types of taxes and fees for stock transfer of securities firms
The taxes and fees involved in stock transfer of securities firms mainly include the following: stamp duty, transfer fee, commission and so on.Tiger'sTroveTrailThe expenses he may incur. These fees may affect the actual returns of investors in the course of the transaction, so it is important to understand the calculation methods and policies of various taxes and fees.
Stamp duty
Stamp duty is an important tax in the process of stock trading. According to Chinese mainland's tax policy, buyers and sellers of stock transactions are required to pay stamp duty at 1/1000 of the transaction value during the transaction. The collection of stamp duty helps to standardize the order of the securities market and maintain the fairness of the market.
Transfer fee
The transfer fee refers to the cost incurred when the stock is transferred between the buyer and the seller. In Chinese mainland, the Shanghai Stock Exchange and the Shenzhen Stock Exchange respectively charge a certain fee for share transfer. In general, the transfer fee is calculated according to the quantity of each transaction. The transfer fee on the Shanghai Stock Exchange is 1 yuan for every 1000 shares and 1 yuan for less than 1000 shares.Tiger'sTroveTrailThe Shenzhen Stock Exchange abolished the transfer fee.
Commission
Commission refers to the fees paid by investors to brokers in the course of stock trading. The rate of commission varies from broker to broker, usually between 1/10000 and 3/1000. When choosing brokerages, investors can compare the commission rates of many brokerages to reduce transaction costs. In addition, some brokerages may also charge other service fees, and investors need to understand the charging standards of various fees.
Other expenses
In addition to the above major fees, investors may incur other fees when trading stocks, such as trading system usage fees, settlement fees and so on. These fees are usually low, but they still need the attention of investors.
Preferential tax and fee policy
In order to encourage investors to participate in the stock market and promote the development of the securities market, the government and regulatory authorities have also introduced some preferential tax and fee policies. For example, for eligible individual investors, they can enjoy certain stamp duty relief policies. Investors should pay attention to the relevant policies and arrange the investment plan reasonably.
How to avoid taxes and fees reasonably
When conducting stock trading, investors can reasonably evade taxes and fees in the following ways: first, choose securities firms with lower commissions; second, arrange trading time reasonably to avoid frequent trading; third, pay attention to policy trends and make full use of preferential tax policies.