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Cobens Direct
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  3. SIPP tax relief payment

SIPP tax relief payment

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  • P Offline
    P Offline
    PM3
    wrote on last edited by
    #1

    I was wondering , I have a small SIPP with Cobens ( IM previously) for last 5 years . Normally I put in my annual max contribution of 2880 very shortly after start of tax year and typical on average ( I just checked) 75 days later the £720 top up is added to my account

    This year , 90 days and counting . HMRC ? Cobens ? or some go slow mandate from cry baby reeves ?

    ( By the way, mine is all in PHT and its doing very nicely thankyou 😀 )

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    • A Offline
      A Offline
      Adam Kay
      Global Moderator
      wrote on last edited by
      #2

      Hi P,

      Will look into this for you. It's likely to be HRMC

      Regards

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      • P Offline
        P Offline
        PM3
        wrote on last edited by
        #3

        Thanks Adam.

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        • D Offline
          D Offline
          Dangermouse
          wrote on last edited by
          #4

          My £2,880 contributed the first week of the tax year, tax relief of £720 landed a couple of days ago.

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          • P Offline
            P Offline
            PM3
            wrote on last edited by PM3
            #5

            Yep....me , just landed and invested in time for the usual Friday drop 🙂

            ( Quick edit: as thought complete 720 RAS added 31July wiped out 1 August . Talk about Tariffs and nuclear war sure helps )

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            The value of your investments can go down as well as up, and you may get back less than you invested.

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