Ndubuisi Egwim explains why higher-rate taxpayers should fund a pension before an ISA. The order matters: prioritizing pension contributions first can save thousands in taxes, especially if you risk the 60% tax trap. His detailed video "ISA vs SIP" shows real case studies proving why this approach works best.
Which one should you fund first? I've done a full video on this, but it's also a question I get constantly, and this one has a more specific answer because the order you fund them, which one comes first, it could cost you several thousands of pounds if you don't get the priority right. The short version is this: for higher rate taxpayers, especially those who are falling into the 60% tax trap, it's pension first, ISA second with the surplus. I've made a full video on exactly this comparison. 'ISA vs SIP' with the real numbers, gives two doctor's case studies and the lighter comparison that surprises almost everyone who sees it for the first time. Again, the link is in the description. It's worth watching before you decide where your money goes this tax year.
