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SIPP Tax Return

Hi All, I had a search but I couldn't find an answer to my specific question. I have a SIPP that is managed for me, last year I received a consolidated tax statement which I used to fill in my tax return. This year I haven't been provided with one. All of the dividend income is reinvested into the SIPP.

Do I have to declare this on a tax return or does that only become relevant when I am in drawdown which won't be for another few year?

Thanks.

Comments

  • dunstonh
    dunstonh Posts: 120,007 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I have a SIPP that is managed for me, last year I received a consolidated tax statement which I used to fill in my tax return.

    You shouldnt be getting a consolidated tax statement on a SIPP. That is for unwrapped holdings. Did you hold unwrapped investments previously?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • strickersuk
    strickersuk Posts: 20 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    No, it's all gone very quiet from my advisor and the SIPP holder. I think I need to adjust last years tax return!
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