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|
|6th November 2020 to 5th December 2020||21 January 2021|
|6th December 2020 to 5th January 2021||22 February 2021|
|6th January 2021 to 5th February 2021||22 March 2021|
|6th February 2021 to 5th March 2021||21 April 2021|
|6th March 2021 to 5th April 2021||21 May 2021|
|6th April 2021 to 5th May 2021||21 June 2021|
|6th May 2021 to 5th June 2021||21 July 2021|
|6th June 2021 to 5th July 2021||23 August 2021|
|6th July 2021 to 5th August 2021||21 September 2021|
|6th August 2021 to 5th September 2021||21 October 2021|
|6th September 2021 to 5th October 2021||22 November 2021|
|6th October 2021 to 5th November 2021||21 December 2021|
|6th November 2021 to 5th December 2021||21 January 2022|
|6th December 2021 to 5th January 2022||21 February 2022|
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 firstname.lastname@example.org.