Personal contributions to our SIPPs are made net of tax relief at the relevant rate, prior to age 75.
For contributions paid up to the 5th of the calendar month, tax relief should be received on 21st of the following calendar month (or the next working day, if 21st is not a working day):
Date contribution received | Date tax relief to be received on |
6 January 2024 to 5 February 2024 | 21 March 2024 |
6 February 2024 to 5 March 2024 | 22 April 2024 |
6 March 2024 to 5 April 2024 | 21 May 2024 |
6 April 2024 to 5 May 2024 | 21 June 2024 |
6 May 2024 to 5 June 2024 | 22 July 2024 |
6 June 2024 to 5 July 2024 | 21 August 2024 |
6 July 2024 to 5 August 2024 | 23 September 2024 |
6 August 2024 to 5 September 2024 | 21 October 2024 |
6 September 2024 to 5 October 2024 | 21 November 2024 |
6 October 2024 to 5 November 2024 | 23 December 2024 |
6 November 2024 to 5 December 2024 | 21 January 2025 |
6 December 2024 to 5 January 2025 | 21 February 2025 |
6 January 2025 to 5 February 2025 | 21 March 2025 |
6 February 2025 to 5 March 2025 | 22 April 2025 |
6 March 2025 to 5 April 2025 | 21 May 2025 |
We claim tax relief monthly, we have no control of the above timescales which are dictated by HMRC.
Note that the relevant rate of tax relief depends on whether you are a Scottish taxpayer, Welsh taxpayer or taxpayer in the rest of the United Kingdom (UK):
If you are eligible for further tax relief on your personal contributions, you should reclaim that extra element via your self assessment tax return or by contacting HMRC.
If you have any questions about this, please contact our SIPP accounts team on 01228 538 988 or email [email protected].