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Interactive Investor 16 March SIPP withdrawal deadline
ii today emailed tax year end dates including this coming Monday, 16 March, for SIPP withdrawals. I shouldn't take that as a hard deadline, should I, but as giving them a fudge factor? OH plans to make her first SIPP withdrawal, selling the assets on Monday for settlement on Thursday. Since ii seem to take 5-8 working days until they debit withdrawals, should she put in the UFPLS instruction on Tuesday, when she'll know how much the fund she is selling out of will generate, or wait until Thursday (or guess it on Monday)?
Comments
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16th is not a hard deadline but any application after that runs the risk of not being paid in this tax year. As at today there are only 14 working days before Good Friday, the effective last day of the tax year is Thursday 2nd.
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