I invest in stocks & shares through my business. In fact, I did the math and it’s more profitable to invest through my limited company than withdraw dividends at the highest tax rate and then invest.

I use Vanguard directly (min £100,000 per fund though) and Interactive Investors. You will find a lot of info in the post I just linked. Hope that helps!

ISA investment accounts are for individuals only and not fit for companies, as you said.

If you have to take money out of your company to invest as an individual, and supposing that in order to take out more money from your company to invest in a ISA shares account it would require you to pay the 32.5% dividend tax on the amount your withdrawing to invest, which might take several years of investing to get the dividend tax value back.

If you do use your business two invest in shares/funds, which platform do you use?

Or do you think that, despite of amount you have to pay as dividend tax, it is still worth it to invest as an individual in an ISA investment account?

Thanks.

Not sure what you mean by that, Giovanni. You cannot invest in an ISA if you’re investing as a limited company. ISA is only for individuals and all profits (dividends included) are tax-free!

I followed your recommendation on using a 2nd company to invest the 1st company’s profits.

When investing in the Stock Market with ISA accounts, do you have to pay dividend tax on the amount you invest? If so, any way around that?

Thanks.

Thanks for coming back and sharing after a year, Stephen! I really appreciate that. I believe iWeb belong in the same group as Halifax so they must be trustworthy too. I really don’t understand how they make money from ISAs though. Their operational costs must be higher than what we pay them.

I’ve been with iWeb for over a year now and so far it’s worked well. It’s true that the interface isn’t great, and I’ve also had to send forms by post for a few things (such as setting up an account). However the prices are good and the interface does work, and I’ve now also set up a SIPP with them.

I’m eagerly waiting for the Vanguard SIPP this year, but for ISAs Halifax is still a no-brainer.

Hey Achyut, Halifax is still the go-to platform for me. Cheap and reliable if you can bear the not-so-great user interface!

Thanks for the input, Brtosz.