Online trading has clearly done a great deal to cut trading expenses, but an equally important part of keeping your costs down is to minimise any unnecessary taxes. There are a number of ways in which a low-cost online trading account can help you to do this.
One is to employ tax wrappers, such as individual savings accounts (Isas) and self-invested personal pensions (Sipps). Most online stock brokers offer one or both of these accounts, which can be used to hold a wide variety of UK and international shares. With effect from August, this now includes Aim-listed shares – a [...]
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