Am I the only one still waiting for missing Tax relief payments in my SIPP.
The scheme administrator is apparently having issues with HMRC in getting the payments.
I have payments due from deposits paid over 15 weeks ago.
Am I the only one still waiting for missing Tax relief payments in my SIPP.
The scheme administrator is apparently having issues with HMRC in getting the payments.
I have payments due from deposits paid over 15 weeks ago.
same. there was an email.
maybe they ran out of money??
Nope. I’m now missing the last 2 months’ payments. I’ve had to pause auto investing because of the shortfall. Zero visibility on when the situation will be rectified.
I’m waiting for mine too.
Just checked. I did recieve tax relief in July. Just August is missing.
If you’re waiting for your SIPP tax relief payment(s) from your recent SIPP contribution(s), we’re just reaching out to let you know that HMRC are currently facing delays in paying out pension providers tax relief claims this month.
We would usually expect this payment on the 21st of the month, and Freetrade would always aim to credit your account the amount by the following working day.* *Freetrade are aware of the situation and are working hard with our scheme administrator in escalating this directly with HMRC.
Please note this is an issue affecting multiple providers, and is not localised to just the Freetrade SIPP.
We will keep you updated as and when we have more information. Thank you for your patience.
I’m facing the same issue with missing tax relief payments in my SIPP. It’s been frustrating waiting for over 15 weeks, and it seems the delay might be due to issues between the scheme administrator and HMRC. Have you received any updates? Sometimes contacting HMRC directly or escalating the issue with the administrator can help. As we wait for this to be sorted out, let’s remember the patience and perseverance highlighted in Surah Al-Kahf. I hope things are resolved for us soon!
It’s now 16 days late, I don’t understand how anything can take that long in these modern digital times
HMRC sucks that is why.
I bet there would be a different story if I was 16 days late with my SATR
lol yes it certainly would.
I just joined to ask this - not any relief payments in my account since June!!
We should get interest on this.
@acamp @kanditong Has there been any movement on the issue of why the tax relief wasn’t paid in August. As we are approaching the September date for when tax relief should be paid an update would be good as in-app customer service don’t seem to be able to give any information on the current situation or whether September’s payments will be made.
I spoke to FT yesterday, and basically they haven’t got a clue why there is a delay or when it’ll be fixed.
I find this very poor
I’m paying money to have a SIPP, and at the very minimum I’d expect it to work as advertised.
Is it an HMRC problem? Possibly always late but in workplace pension would never know maybe the downside of it being so visible on Freetrade?
I think they explained it here.
They’ve explained nothing. Other than it’s someone else’s fault.
I meant at least they gave a comment and said other providers were also having the same issue, not sure If that’s true or not but yeah…
Hooe you all get your payments soon
So I’ve received my September tax relief payments this morning, but still missing my August ones
I’ve just received both delayed months.