Timing of SIPP contribution re: end of tax year?

dunroving

In order to count as a contribution within the 2014-2015 tax year, what is the key date for a SIPP contribution (e.g., via an online company such as Fidelity)?


The date you went online and placed the order?
The date Fidelity processed the order (if the above was not a working day)?
The date the funds cleared?


Also, if Fidelity takes 4 weeks to credit the additional 25%, presumably this also will still count as part of the gross contribution during the 2014-2015 tax year?


I'm not planning on cutting it too fine, but my last SIPP contribution will be pretty close to the end of the tax year, and I want to use the carry-forward allowance from 2011-2012 (i.e., not be counted as part of the 2015-2016 tax year)


This is the first year I have contributed to a SIPP, so am still figuring out the rules, but want to maximize my 2014-2015 annual allowance, and use the "100% salary" limit also.

jamesd

The tax relief is treated as part of the initial payment. One second before midnight on 5 April will suffice for a debit card transaction.

RPSM05300080 - Scheme Administrator Pages: Contributions and tax relief: Member contributions - overview: The date a contribution is made.

What is the date a contribution is deemed to have been made?

The date of payment of the contribution depends on what method is used to pay it.

Cheque The date the cheque is given to you, or if posted, the date you receive it.

Debit/credit card The date on which details are received by you

Direct debit The date you are authorised to draw the sum from the member’s bank account, i.e. the date set out in the direct debit mandate. This is subject to the proviso

you have received the correctly completed direct debit mandate, and
you actually receive the funds requested under the direct debit mandate.
...
In specie transfer The date the asset becomes the property of the scheme