Fees and Taxes
- Securities Transfer Tax (STT) 0.25%. Applies to share purchases only, not share sales.
- Strate 0.005459% (excluding VAT) based on the value of the share transactions:
- Minimum R10.92 for trades with a value up to R200,000.
- Maximum R54.59 for trades with a value over R1 million.
- FSB Investor Protection Levy 0.0002% (excluding VAT) on all trades.
Read more about this topic: JSE Limited
Famous quotes containing the word taxes:
“...if I were to be murdered I would not want my murderer executed. I would not want my death avenged. Especially by government—which can’t be trusted to control its own bureaucrats or collect taxes equitably or fill a pothole, much less decide which of its citizens to kill.”
—Helen Prejean (b. 1940)