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@bmxconan
Depends what you intend tapping. If your just chasing out old threads or cutting alu or plastic a shit £40 set is probably fine. If you intend cutting threads in steel you'll be better off getting them seperately (taper, plug and finishing). Personally I wouldn't touch a cheapo set - removing broken taps is a ball ache.
Always try and use a cutting fluid, if you haven't got any 3 in 1, wd40 or parifin oil works ok.