trademil wrote:...But, correct me if I'm wrong, for Ireland domiciled ETF (such as VWRL) I need to pay even higher tax (1% versus 0.5% on U.K domiciled shares).
Assuming you're asking "Do I pay a 1% charge on buying an Irish domiciled ETF on the LSE?", the answer is no, you don't. Nor do you pay the 0.5% UK stamp duty that would apply if you bought a UK non-ETF share on the LSE. In other words, ETFs are all free of stamp duty.
From LSE FAQs
Exchange Traded Funds (ETFs) give investors the chance to buy whole indices as easily as buying a share on the London Stock Exchange. Eligible for inclusion in ISAs but attracting no stamp duty,...
The logic (such that it is!) would be that ETFs contain shares on which stamp duty is already paid (by the fund managers but passed on, of course, in lower returns). I have purchased several iShares over the years, and never paid anything in up-front costs beyond the plain broker dealing fee. Are you sure you're not confusing stamp duty on an ETF purchase with stamp duty that the fund manager might have to pay when purchasing UK (or Irish) shares inside a fund