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Do you want to sell Qantas shares? Are you not sure where to start?
Many Australians hold Qantas Airways (QAN) Shares and at some time may wonder how to sell them.
The process required to sell Qantas shares is basically the same for selling any other issuer-sponsored shares in Australia.
To sell Qantas shares you will need a broker or online broking service who can facilitate the sale on the Australian Securities Exchange (ASX).
You don’t need to have a trading account or to engage a full-service stockbroking firm to sell Qantas shares.
The trade can occur quickly and easily by using an online broking service, such as Sell My Shares.
It’s worth noting though, that selling your Qantas shares may not be a decision to take lightly. It helps to do a little homework.
Before you sell Qantas shares, you may like to check the current value of the shares and obtain an understanding of how they are performing. You will also need to pay a brokerage fee, which usually consists of a minimum amount plus a small percentage of the value of the shares. Choosing Sell My Shares will keep your brokerage fees affordable.
You may also be required to pay Capital Gains Tax on the sale of your Qantas shares. So it is a good idea to speak to a tax expert to get advice on how much tax you will have to pay.
If after this, you’re sure it’s a good time for you to sell Qantas shares then it’s easy to get started.
The entire process to sell Qantas shares can be managed online. Via our online form, you will be prompted to provide a holding number for the Qantas shares you hold. This number can be found on a holding statement or dividend statement. You will also be prompted to verify your identity.
In most cases, this is all the documentation you will need to provide. However, there are some special situations that may require further paperwork. If this is the case we will guide you through what’s required.
Once all of the required documentation is provided, we can execute the trade to sell your Qantas shares.
After around two business days the ownership of the shares will be legally transferred and proceeds of the sale can be transferred to you the following business day, depending on the service you opted for.
To sell your Qantas shares fast contact Sell My Shares today on 1300 722 852.