How is tax relief reclaimed on my SIPP contributions?
We request basic rate tax relief from HM Revenue & Customs on a monthly basis for all personal contributions made between the 6th of the previous month and the 5th of the current month (inclusive). We receive this tax relief from HMRC and apply it to clients' accounts on the 21st of the following month (or the next working day if the 21st is not one), so this is always 6-11 weeks after the date of the initial contribution.
You can view the date tax relief is due on contributions via your online account. Simply log in, select your SIPP, and click on the 'Transaction History' tab. If you select the 'View all contributions' box you will be able view your contributions, by tax year. On the right-hand side the date any tax relief is due is shown. Dates in red indicate the tax relief has not yet been received.
Any higher or additional rate tax relief to which you are entitled needs to be reclaimed directly from HMRC. Our Higher Rate Tax Relief Guide explains more, and contains a template letter for you to use.