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Tax advantaged Accounts

There are many accounts types that provide one with Tax advantages, what are the better ones?

There are many so many options and it can be a bit overwhelming. Here are some of the best accounts I found in my search.

There is a lot of advice out there. There are some Finance influencers who are genuinely educating people in how to manage their finances.

This is an updated comparison tool by

https://financialinterest.com/compare/stocks-and-shares-isa/

LISA (Lifetime ISA )

Contribution Rules

  • Maximum £4,000 per tax year (counts towards your £20,000 ISA allowance).
  • Government 25% bonus (up to £1,000/year).

Withdrawal Rules & Penalties

  • Allowed without penalty:

    • First home purchase (up to £450,000, after 12 months).
    • From age 60.
    • Terminal illness.

  • Penalty:

    • 25% withdrawal charge on other withdrawals (effectively losing the bonus plus some of your own money).

Great Option

AJ Bell Dodl

ISA

To help select a ISA broker/platform you can use the following selection tool: https://financialinterest.com/compare/stocks-and-shares-isa/

The Best Stocks & Shares ISA for Investing in 2025

Trading 212

The best in my view is Trading 212. See Wikipedia for more info.

Trading 212 is a British financial services company headquartered in London, United Kingdom. It operates an electronic trading platform that enables trading in stocks and exchange-traded funds (ETFs). The company also provides debit cards and other banking services alongside a financial news website.

Trading 212 was founded in 2004 under the name Avus Capital. Initially, the company specialised in forex trading and developed proprietary trading software. It relocated its headquarters from Bulgaria to London after establishing its operations in the United Kingdom. In February 2021, Trading 212 was reported to be the most downloaded mobile application in the United Kingdom.

How to get started

A screen by screen tutorial on how to get started: https://financialinterest.com/trading-212-beginner-guide/

YouTube How to Use Trading 212 in 2025

SIPP

The Best SIPPs in 2025: Fees & Features Compared

The best SIPP for a new starter based on the above is with Invest Engine.

If you need to be able accept pension contributions from a Limited company we are looking at Interactive Investor